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 seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
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India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approachThe Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less ...
The six-member Monetary Policy Committee (MPC) meeting that began on Wednesday, announce the decision to reduce the repo ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points ...
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor ...
MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday (Feb 7) and ...
The Monetary Policy Committee (MPC) held its 53rd meeting from February 5 to 7, 2025 under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, ...
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