Governor Malhotra Delivers 50 bps Rate Cut: June MPC Highlights
On June 6, the RBI cut the repo rate by 50 basis points, responding to slower growth and cooling inflation.
Tag: rbi
The RBI has raised the risk weight on consumer credit exposure for banks and NBFCs by 25%.
The RBI has directed banks and NBFCs to maintain elevated capital buffers and has extended increased risk weight requirements to both existing and new credit exposures.
RBI’s Withdrawal of ₹2000 Currency: How Will the Market React?
The Reserve Bank of India (RBI) has clarified that ₹2,000 notes will continue to be legal tender. From May 23 to September 30, individuals can exchange notes up to ₹20,000 at a time. What do you need to know about the ₹2000 note withdrawal? The introduction of the ₹2000 note in November 2016 quickly fulfilled…
