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.
A day after repo rate cuts were announced during RBI MPC Meet, Governor Sanjay Malhotra said, "Rate cut should help support ...
The Reserve Bank of India reduced the repo rate by 25 basis points, lowering it to 6.25%, under the leadership of new ...
Get the latest updates on the RBI Monetary Policy Meeting 2025, where the Reserve Bank of India has announced a historic repo ...
The RBI announced a 25-basis-point rate cut to 6.25% on February 7, its first in nearly five years. While the market had ...
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The MPC’s decision to reduce borrowing costs complements these efforts, making credit more accessible to businesses and ...
The Union Bank of India highlighted that inflation for FY25 could be lower than the Monetary Policy Committee’s (MPC) revised ...
RBI MPC retained India's Consumer Price Inflation (CPI) forecast for the financial year 2025 at 4.8 per cent. For the next ...
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