Repo rate, CRR see deep cuts
June 07, 2025
|Financial Express Delhi
IT IS EXPECTED to help banks during the festival period when the demand for loans skyrockets.
-
It will also help reduce the cost of funds for banks and protect their profitability, thus enabling them to offer more competitive interest rates to consumers and businesses.
The markets reacted positively to the decision, with the Bank Nifty touching its all-time high at 56,695 before ending the day at 56,578.40, up 1.47%. While the Nifty reclaimed 25,000 points, the BSE Sensex ended 1% higher to close at 82,189. The Indian rupee appreciated 16 paise to end at ₹85.63 against the dollar, while the 10-year G-Sec yield, after slipping to 6.13%, ended higher on profit booking at 6.28% on Friday.
هذه القصة من طبعة June 07, 2025 من Financial Express Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Delhi
Financial Express Delhi
Tobacco stocks tumble on 40% higher 'sin' tax
• New levy from Feb 1; move designed to align with WHO norms: Govt
1 min
January 02, 2026
Financial Express Delhi
Grand Vitara, Victoris drive up Maruti’s share in SUV market
MARUTI SUZUKI'S SUV market share climbed to 30.7%, from 25.7% in the first half of 2025, signalling growing acceptance of its utility vehicle portfolio.
1 min
January 02, 2026
Financial Express Delhi
India poised to be 'office of the world': EY
INDIA IS WELL-POSITIONED to emerge as one of the world's most powerful growth engines over the next two decades, driven by its leadership in information technology services, rapid digitalisation, strong entrepreneurship, and favourable demographics, according to a recent EY report on India's long-term economic prospects.
1 min
January 02, 2026
Financial Express Delhi
Operators of KFC, Pizza Hut to merge
KFC AND PIZZA HUT operators Sapphire Foods and Devyani International said on Thursday they will merge in a $934-million deal, creating a fast-food franchisee powerhouse in the world's most populous country.
1 min
January 02, 2026
Financial Express Delhi
Tobacco stocks tumble on 40% higher ‘sin’ tax
THE DISCONTINUATION OF GST compensation cess, which as per another notification will take place on February 1, neces- sitated a restructuring of levies on tobacco products.
2 mins
January 02, 2026
Financial Express Delhi
Insurers shell out ₹1L cr in commissions in FY25
· RBI flags high cost distribution strategies
1 mins
January 02, 2026
Financial Express Delhi
Goods exports by railways projected at ₹50K cr by'30
THE MINISTRY OF Railways is targeting a more than sevenfold increase in railway equipment exports to ₹50,000 crore by 2030, Railway Minister Ashwini Vaishnaw said on Thursday.
2 mins
January 02, 2026
Financial Express Delhi
'We aspire to grow SME segment faster than wholesale banking'
The Reserve Bank of India's regulatory approach has consistently centred on ease of doing business and enhancing customer experience, says Paritosh Kashyap, whole time director and executive director at Kotak Mahindra Bank.
3 mins
January 02, 2026
Financial Express Delhi
Fewer startups shut shop in 2025
SIGNS OF REVIVAL AS SHUTDOWNS DROP TO 5-YEAR LOW
1 min
January 02, 2026
Financial Express Delhi
Bankers get a dire warning from Jane Austen’s final book
JANE AUSTEN'S NOVELS continue to grip readers (and viewers) in her semiquincentennial year.
3 mins
January 02, 2026
Listen
Translate
Change font size

