Page 103 - Finance News

'I'm not Sanjay from Mahabharat': RBI Governor quips on future rate cuts

RBI MPC reduced the repo rate by 25 basis points to 6 per cent, marking the second cut this year

Concerned about tariff impact on growth more than inflation: RBI Governor

During the post-Monetary Policy press conference, RBI Governor Sanjay Malhotra said the central bank lowered the growth forecast primarily because of the tariff-related uncertainties

RBI cuts policy rate by 25 bps to 6%, changes stance to support growth

'Decisive improvement' in inflation outlook, says MPC as India braces for impact of US tariffs

RBI cuts repo rate further by 25 bps to 6%; a look at key policy rates

The benchmark repo rate was kept unchanged at 6.5 per cent for 11 consecutive MPC meetings and the first rate cut was announced in February 2025

RBI cuts repo rate by 25 bps to 6%, lowers FY26 GDP growth forecast to 6.5%

RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties

RBI MPC today: When and where to watch Governor Sanjay Malhotra's speech

RBI's MPC begins 3-day meet from April 7; decision on repo rate to be announced April 9. Markets expect 25 bps cut amid easing inflation, global concerns

Rupee opens 19 paise lower at 86.45/$; RBI MPC's rate decision in focus

The domestic currency weakened 19 paise to open at 86.45 against the greenback after closing at 86.26 on Tuesday

RBI MPC may cut repo rate again: Key terms, projections and what to expect

RBI MPC April meet: The monetary policy committee is expected to do a second rate cut on April 9 and switch to an 'accommodative' stance. What does this mean?

RBI set to cut rates for a second time as US tariffs add to risks

In February, the RBI's six-member monetary policy committee delivered its first rate cut since May 2020 amid a slowdown in the economy, which is expected to have expanded 6.5 per cent in fiscal 2025

Tracking Chinese yuan, rupee declines further; importers stock US dollar

The rupee fell by 0.5 per cent to settle at 86.26 per dollar, against the previous close of 85.86 per dollar. The Indian unit weakened 0.6 per cent on Monday

MCA considering an oversight body for lender committee functioning

"We are discussing whether an oversight committee is required. The discussions at this stage are being done internally at the Ministry of Corporate Affairs (MCA) level," the senior official said

Finance ministry notifies form ITR-B to report undisclosed income

Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income

Shriram Finance seeks RBI approval for primary dealership licence

RBI is very selective about granting PD licences. If granted, Shriram Finance will be one of the first non-bank entities to receive a PD licence in recent times

Banks may write off stressed loans worth Rs 1.5 trillion in FY26: Icra

Credit growth to expand at 10.8-10.9% on regulatory easing

Payment pains: UPI outages traced to tech glitches, backend failures

'Root-cause analysis' done, hardware replaced, member banks briefed on fixes

Bank of Maharashtra's credit growth surpasses total deposit growth

The lender's total advances grew by 17.8 per cent year-on-year to Rs 2.4 trillion, while on a quarterly basis, advances were up by 5 per cent

Bandhan Bank launches Elite Plus; Bank of Baroda unveils new term deposit

The savings account will allow customers to deposit unlimited cash each month, with free RTGS, NEFT, and IMPS transactions

Jio Finance launches loan against security offering for customers

Customers of Jio Finance can now avail themselves of loans of up to Rs 1 crore, with interest rates starting at 9.99 per cent, tailored to their risk profiles

REC raises Rs 2,625 crore through 15-year bonds at coupon rate of 7.02%

Market participants noted that spreads on AAA-rated corporate bonds have tightened considerably in April compared to previous months

Amid Donald Trump's tariff offensive, China lets yuan slide to 19-month low

The onshore yuan fell to its weakest level since September 2023 as Beijing signals policy shift to support exporters and counter US trade pressure