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India central bank delivers 1st rate cut since 2020

Hosted on MSN · 17h

India's central bank cuts repo rate for first time in nearly 5 years

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.

CNBC on MSN · 18h

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.

U.S. News & World Report · 18h

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.

17h

India Central Bank Governor Cautions Lenders Against Rising Digital Frauds

MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital ...

RBI MPC Meeting Highlights: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'

The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...

16hon MSN

CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

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