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Web Desk Karachi
June 4, 2025

India’s central bank expected to cut benchmark interest rate by 0.25pc to support growth

Axis Asset Management Co. expects the current easing cycle to end with the repo rate at 5.5 percent while Kotak Mahindra Asset Management Co. said the rate could go as low as 5 percent.

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Web Desk Karachi
May 23, 2025

Indian bank loan growth slows to lowest since 2022 amid economic uncertainties

Despite persistent trade frictions, the outlook for India is one of “cautious optimism,” the Reserve Bank of India said in its State of the Economy report released Wednesday.

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Web Desk Karachi
May 22, 2025

Indian banks seek greater flexibility in Reserve requirements amid digital payment growth

The cash reserve ratio currently stands at 4 percent of deposits, which needs to be reported by banks to the Reserve Bank of India on a fortnightly basis. Banks set aside 90 percent of this requirement daily at present.