India's central bank to cut rates to boost economy

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.
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%.
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.
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.
The Reserve Bank of India is unlikely to embark on an aggressive rate-cut cycle :DBS
DBS' Taimur Baig welcomes India's trade policy rethink especially as its U.S. trade exposure could turn into a key chokepoint for its softening economy.
Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters.
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% — its slowest expansion in nearly two years.
RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here's what it means for the Indian economy
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the government unveiled historic tax cuts in Budget 2025
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.
India's RBI Takes Action: Repo Rate Cut Sparks Hope for Homebuyers and Economic Growth
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the repo rate by 25 basis points to 6.25%. This is the first cut in nearly five years and
What Is RBI’s New 15-Day Credit Reporting Policy ? How It Impacts Credit Score
In a bid to ensure more accuracy and timely representation of the borrower’s financial activities, the Reserve Bank of India ...
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 ...
India to launch new domain name for banks to fight digital fraud
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
India central bank to stagger new banking regulations for smooth transition, governor says
The Reserve Bank of India (RBI) will defer the implementation of three proposed crucial banking regulations, giving lenders ample time to prepare for the changes, the central bank governor said on ...