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

India central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less restrictive policy approach ahead, as it seeks to provide stimulus to the sluggish economy.
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.
New RBI Governor Delivers India’s First Rate Cut Since 2020
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.
India central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.
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 Kicks Off Easing Cycle to Boost Economy
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation cools.
India's RBI to cut rates for the first time since 2020
The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined;
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’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 Central Bank Governor Cautions Lenders Against Rising Digital Frauds
MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital ...
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RBI MPC meet: India can soar past 7% growth as inflation cools, says RBI governor Sanjay Malhotra
The MPC under the new RBI governor will have to walk a tightrope between taming inflation and boosting economic growth. India ...
Why RBI has asked banks to change their internet domain name to 'bank.in'?
The Reserve Bank of India (RBI) announced the launch of two domains: '.bank.in' for all Indian banks and 'fin.in' for NBFCs ...
ThePrint6m
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 ...
Bank Holidays in February 2025: Check full list of state-wise bank holidays
The Reserve Bank of India has announced bank holidays for February 2025 with state-specific holidays for festivals and si ...
RBI's MPC likely to cut repo rate by 25 bps on February 7: Bank of Baroda report
The central bank was able to consider a rate cut as inflation, which is the main focus of the monetary policy, has been ...
India's benchmarks pause ahead of key earnings, RBI rate decision
India's benchmark indexes were little changed on Thursday, as investors awaited key corporate earnings and the Reserve Bank ...