RBI cuts repo rate by 25 basis points to boost economic growth

The six-member monetary policy committee (MPC) headed by Governor Shaktikanta Das announced the decision after a three-day meeting. GDP growth slumped lower to 5% in the April to June quarter as against a 8% in the year-ago period. The Reserve…

RBI cuts repo rate for the fourth time amid faltering economic growth

The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per

RBI will set up regulatory guidelines for Fin-Tech companies

RBI working on regulatory guidelines for Fin-Tech companies The Reserve Bank of India (RBI) will set up a regulatory sandbox to benefit financial technology (Fin-Tech) companies by way of reduced time to launch innovative products at a lower cost, Governor…