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

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 cuts rates for the first time in nearly five years to boost slowing growth
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 set the real GDP growth forecast at 6.
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.
VIEW 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.
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.
Indian shares inch higher after central bank delivers rate cut
By Bharath Rajeswaran (Reuters) -Indian shares fell marginally on Friday after the domestic central bank cut interest rates for the first time in nearly five years to support slowing economic growth,
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 Cuts Key Rate For the First Time in Almost Five Years
Outside the Reserve Bank of India (RBI) headquarters building in Mumbai.
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.
Indian shares little changed ahead of central bank policy decision
By Bharath Rajeswaran (Reuters) -Indian shares were muted on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest
RBI monetary policy: Will India's central bank cut the repo rate now or wait? Top experts debate
According to stock market experts, RBI's Monetary Policy Committee is expected to announce a 25 bps rate cut amid economic slowdown and inflation concerns
Bank Nifty falls into red, HDFC gives up intraday gains as RBI cuts repo rate but keeps 'neutral' stance
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India's benchmarks pause ahead of key earnings, RBI rate decision
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