MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and......

Slowing credit growth, margin pressure await banks in 2025

With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. Photograph: Ajay Verma/Reuters In 2025 banks are in for......

Broad-based corporate capex recovery unlikely in FY26: India Ratings

India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and......

Banks post sixth year of profit growth in FY24, bad loans decline further

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India’s (RBI’s)......