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MUMBAI, Jan 29 (Reuters) - India's central bank reduced its policy interest rate by a widely expected 25 basis points on Tuesday, taking comfort from cooling inflation as it made the first cut in nine ...

July 3 (Reuters) - India's central bank said on Thursday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.71 billion) on July 4, following a review of ...

After slashing the repo rate in the past three monetary policy committee (MPC) meets, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.5 percent on Wednesday. As we know, repo rate ...

US banks and primary dealers have ramped up usage of the Standing Repo Facility in the last week of November, ending the month with a USD 24 billion usage of the lending facility. Repo rates spiked ...

You may be relieved that the recent 50 bps (0.5%) cut in interest rates by the Reserve Bank of India (RBI) will result in lower EMIs (Equated Monthly Instalments) on home loans. But do you know that ...