India's central bank delivers 1st rate cut in nearly 5 years

India's central bank delivers first rate cut in nearly 5 years
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
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.
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India makes first rate cut in five years
MUMBAI: The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on Friday, as it seeks to boost the sluggish economy and sees inflation easing towards its 4 per cent target.
Instant view: 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 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.
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