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News

India central bank delivers sharp rate cut

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 · 1d · on MSN
India's central bank delivers outsized cut to 5.5%, lowest since August 2022
This marks the third straight rate cut since February. It comes below the median estimates of 5.75% in a Reuters poll. India's central bank delivered an outsized cut to its benchmark policy rate, bringing it to 5.

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 · 1d · on MSN
India Central Bank Delivers Larger-Than-Expected Rate Cut to Support Growth
 · 1d · on MSN
Instant View: India central bank delivers outsized 50 bps rate easing, slashes reserve ratio
1d
India's central bank rejects Annapurna Finance's universal banking license application
The Reserve Bank of India said on Friday it has declined the application of Annapurna Finance for setting-up a universal bank ...
2don MSN
Central Bank of India acquires nearly 25% stake in Future Generali India Insurance for ₹451 crore
Central Bank of India acquires equity stake of 24.91% of Future Generali India Insurance Company Limited, the bank informed ...
Nikkei Asia
1d
India's central bank surprises with 50 basis-point cut, extending easing cycle
MUMBAI -- The Reserve Bank of India on Wednesday slashed its key policy rate to its lowest level in nearly three years, ...
2don MSN
Exclusive-Walmart’s Flipkart secures approval for direct lending in India
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer ...

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