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.
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...
In the last MPC meet held in December, the RBI, led by former governor Shaktikanta Das, had decided to keep the repo rates ...
The MPC under the new RBI governor will have to walk a tightrope between taming inflation and boosting economic growth. India ...
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RBI Governor Sanjay Malhotra Says India Can Clock GDP Growth Rate Of Over 7 Per CentThe MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 ...
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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 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 (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
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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