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India's central bank to cut rates to boost economy

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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.

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India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year

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 forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.

RBI MPC 2025: Central Bank Likely To Cut Repo Rate This Time? Here’s What Experts Suggest

The RBI has kept the repo rate steady at 6.5 per cent since February 2023. The last rate cut occurred in May 2020 during the pandemic, after which the rate was gradually raised to its current level

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

The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...

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India’s Central Bank Delays Proposed Liquidity Rules for Lenders

The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...

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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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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 ...

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