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RBI cuts rates for first time in nearly 5 years to boost growth as inflation eases

Economy

07 February, 2025

RBI cuts rates for first time in nearly 5 years to boost growth as inflation eases

The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on ......

Tiger Global-backed Cred joins RBI's digital currency project

TMT

28 January, 2025

Tiger Global-backed Cred joins RBI's digital currency project

Tiger Global and Peak XV-backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank ......

RBI supersedes board of Sabre Partners, Gojo-backed Aviom India Housing Finance

Finance

27 January, 2025

RBI supersedes board of Sabre Partners, Gojo-backed Aviom India Housing Finance

The Reserve Bank of India (RBI) said Monday it has superseded the board of Aviom India Housing Finance Pvt. Ltd, a mortgage lender backed ......

RBI lifts lending ban on Asirvad Micro Finance, DMI Finance

Finance

09 January, 2025

RBI lifts lending ban on Asirvad Micro Finance, DMI Finance

India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and ......

Govt forecasts 2024-25 economic growth of 6.4%, slowest in four years

Economy

07 January, 2025

Govt forecasts 2024-25 economic growth of 6.4%, slowest in four years

India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower ......

Rupee ends at fresh record low as free fall continues for sixth straight day

Economy

24 December, 2024

Rupee ends at fresh record low as free fall continues for sixth straight day

The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in ......

RBI gives nod to Burman family for raising stake in Religare

Finance

10 December, 2024

RBI gives nod to Burman family for raising stake in Religare

The Reserve Bank of India (RBI) approved billionaire Burman family's plan to buy more shares in financial services provider Religare ......

RBI holds interest rates steady yet again, cuts banks' cash reserve ratio

Economy

06 December, 2024

RBI holds interest rates steady yet again, cuts banks' cash reserve ratio

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that ......

RBI removes ban on Sachin Bansal's Navi from sanctioning, disbursing new loans

Finance

02 December, 2024

RBI removes ban on Sachin Bansal's Navi from sanctioning, disbursing new loans

India's central bank said on Monday it has removed restrictions it had imposed on non-banking finance company (NBFC) Navi Finserv ......

Rupee sees worst month since March as dollar rises

Economy

29 November, 2024

Rupee sees worst month since March as dollar rises

The Indian rupee ended November with its worst monthly performance in eight, as Donald Trump's victory in the U.S. election ......

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