India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
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.
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.
DBS' Taimur Baig welcomes India's trade policy rethink especially as its U.S. trade exposure could turn into a key chokepoint ...
Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...
Press Trust of India on MSN10m
RBI's rate cut sets stage for further easing of interest rates in near term: India IncIndia Inc cheered the RBI's move to slash the benchmark interest rate for the first time in nearly five years on Friday and asserted that it will complement the consumption-boosting measures announced ...
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing ...
The Reserve Bank of India is set to allow trading in bond forwards that long-term investors can use to manage their interest ...
In a big relief for banks, RBI Governor Sanjay Malhotra announced on Friday that the implementation of the proposed Liquidity ...
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, the first cut since 2020, under new ...
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor ...
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Reserve Bank of India Governor Sanjay Malhotra on Friday said the bank's forex policy has remained consistent, in favour of ...
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