The Reserve Bank of India cut the benchmark repo rate by 25 basis points on February 7, aiming to boost the slowing economy.

Governor Sanjay Malhotra said that industrial growth remained weak, meanwhile services sector and a recovery in agriculture supported advancement on the supply side.

Headline inflation softened in November-December 2024, down from a peak of 6.2 per cent in October, primarily due to lower food inflation, especially in vegetables ...

Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...