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February 7, 2025 4:49 PM

RBI defers rollout of LCR norms by a year in big relief to banks

In a big relief for banks, RBI Governor Sanjay Malhotra announced on Friday that the implementation of the proposed Liquidity Coverage Ratio (LCR), as well as project financing norms, will be deferred by a year and will not be implemented before Marc...

February 7, 2025 10:57 AM

RBI cuts repo rate by 25 bps to 6.25% in first policy review

Reserve Bank of India (RBI) Governor Sanjay Malhotra confirmed that the Monetary Policy Committee (MPC) had unanimously decided to reduce the policy rate by 25 basis points (bps), from 6.50% to 6.25%. Malhotra addressed the challenges posed by the g...

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Last updated on: 20th March 2025