India central bank delivers 1st rate cut since 2020

India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India central bank cuts rates for the first time in nearly five years to boost slowing growth
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank set the real GDP growth forecast at 6.
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI Repo Rate | How RBI Rate Cut Could Benefit The Common Man?
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark rate on Friday. The Monetary Policy Committee, headed by the new RBI Governor Sanjay Malhotra,
India central bank cuts key rate for first time in nearly five years to spur economy
India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It's India's first rate cut in almost five years, but one widely expected from the Reserve Bank of India's new governor.
India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
RBI Joins Global Rate Cut Trend: How India Compares With Other Economies?
The RBIs 25 basis-point rate cut is consistent with the global monetary easing trend, which aims to boost economic expansion. The RBIs careful approach to striking a balance between inflation worries and GDP stability makes Indias action noteworthy,
India central bank cuts policy rate for the first time in nearly five years; pegs next year's GDP growth at 6.7%
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
RBI cuts key policy rate for first time in 5 years
RBI cuts policy rate by 25bps to 6.25%, aiming to boost slowing growth while managing inflation; further cuts expected in April amid cautious stance.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
RBI MPC’s rate cut: A steady debut
Today’s monetary policy reflects a steady state of thinking at RBI. Today’s rate cut continued the MPC pivot to the “neutral” ...