Repo rate, CRR see deep cuts
Financial Express Chennai
|June 07, 2025
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.
Esta historia es de la edición June 07, 2025 de Financial Express Chennai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Chennai
Financial Express Chennai
Unsold homes rise 4% in 2025
UNSOLD HOUSING UNITS rose 4% to nearly 577,000 units last year across 7 major cities as supply of new homes exceeded demand, according to Anarock.
1 min
January 05, 2026
Financial Express Chennai
'Tax hike raises tobacco smuggling risk'
AN UNPRECEDENTED TAX hike, coupled with a new excise duty structure on tobacco, could lead to a surge in illicit trade of cigarettes and result in significant tax revenue losses for the country, experts said.
1 min
January 05, 2026
Financial Express Chennai
Govt likely to introduce Seed Bill in Budget session
TO ENSURE QUALITY and traceability while curbing spurious sales, the government is likely to introduce the Seed Bill in Parliament in the forthcoming budget session, an agriculture ministry official said on Sunday.
1 min
January 05, 2026
Financial Express Chennai
'Expect top line to grow 70-80% in FY26'
After a year spent regaining momentum following a regulatory freeze, Cashfree Payments is starting to see payoffs from investments it made earlier, particularly in cross-border payments.
1 mins
January 05, 2026
Financial Express Chennai
Romance, mediated by AI
THE RESPONSES CAME quick, but polished.
2 mins
January 05, 2026
Financial Express Chennai
Maduro sits in US custody, loyalists defiant
VENEZUELA'S TOPPLED LEADER Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the US would take control of the oil-producing nation.
1 mins
January 05, 2026
Financial Express Chennai
OPEC+ keeps output steady
OPEC+ KEPT OIL output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members.
1 min
January 05, 2026
Financial Express Chennai
Without reforms, 2026 could be another damp squib for equities
GLOBAL HEADWINDS
2 mins
January 05, 2026
Financial Express Chennai
IT results may underline resilience, not recovery
LARGE-CAP DOMESTIC
1 min
January 05, 2026
Financial Express Chennai
India Inc ...
AT TATA SONS, Chairman N Chandrasekaran in his New Year message to employees, reiterated the group's focus on adopting AI across functions to improve execution, signalling that AI is now viewed as an enterprise-wide lever rather than an experimental tool.
1 min
January 05, 2026
Listen
Translate
Change font size