The meeting of the Monetary Policy Committee (MPC) headed by the new RBI Governor Sanjay Malhotra was scheduled from February 5 to 7 and the credit policy decision was announced today. This is the ...

RBI MPC meeting 2025 highlights: Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo rate by 26 basis points. The MPC began ...

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RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis ...

While the U.S. dollar is accepted in some countries, you'll often need to withdraw money in the local currency when you're overseas and have a credit card on you for situations where the local ...

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In order to keep liquidity adequate in the banking system, the People’s Bank of China conducted reverse repo operations in the amount of RMB33 billion through quantity bidding at a fixed interest rate ...