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.
Today’s RBI rate cut is seen as the start of a rate-cut cycle that could lead to a gradual decline in the interest rates ...
The Reserve Bank of India's (RBI) first interest rate cut in nearly five years will not be enough to spur loan growth since ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
Reserve Bank of India cut its benchmark interest rates 25-basis-points on February 8, take a look at how experts think this ...
The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
16hon MSN
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
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