RBI cut the repo rate by 25 bps on Friday
UFBU Calls for 48-Hour Strike on March 24-25 Over Pending Demands
Key demands include the recruitment of adequate staff in all cadres and the regularization of temporary employees.
RBI Cuts Repo Rate by 25 Basis Points to 6.25%, Maintains Neutral Stance
The RBI also decided to maintain a neutral policy stance, signaling flexibility in responding to evolving economic conditions.
RBI Cuts Repo Rate by 25 bps, Shifts Focus to Growth
The rate cut follows a period of aggressive tightening, where the RBI had hiked rates by 250 bps since May 2022 to combat soaring inflation.
All You Need to Know About Sanjay Malhotra, the New RBI Governor
Malhotra holds a strong academic background, with degrees in engineering from the Indian Institute of Technology (IIT)
Five things to watch for in the RBI policy today
Inflation outlook and guidance will be crucial.
Is Indian microfinance once again falling into a high stress era?
The alarming spike in asset quality deterioration at Muthoot Microfin is more than just a company-specific issue; it’s a red flag for India’s microfinance sector.
Muthoot Microfin reports deterioration in asset quality in Q3
Mumbai, 6th February 2025: Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055) reported a deterioration in its asset quality for the third quarter of FY25, with Gross Non-Performing Assets (GNPA) rising to 3.03%…
RBI Cancels Licence of The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Tamil Nadu
The bank is no longer permitted to carry out banking operations in India, including accepting deposits from non-members.
Tata Power Renewable Energy and Bank of Baroda Join Forces to Boost Rooftop Solar Adoption
Residential customers can now avail loans up to ₹6 lakh at competitive interest rates starting from 7% per annum, with both fixed and floating rate options.