Feb 7, Friday 2025: In a significant move to stimulate India’s slowing economy, the Central Bank of India, RBI, has announced a 25 basis points (bps) reduction in the Repo rate, bringing it down to 6.25%. This decision, unveiled on February 7, 2025, marks the first rate cut in almost […]
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January 26: The Reserve Bank Of India (RBI) has imposed fines on three banks for violating the rules. Two government banks are included in the list, two government banks have been in this list, the central bank took this step for what reason? The Reserve Bank of India (RBI) has […]