India central bank cuts rates for 1st time in nearly 5 years

India central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
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 signalled a less restrictive policy approach ahead, as it seeks to provide stimulus to the sluggish economy.
The Reserve Bank of India is unlikely to embark on an aggressive rate-cut cycle :DBS
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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 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.
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India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -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 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.
RBI's rate cut sets stage for further easing of interest rates in near term: India Inc
India Inc cheered the RBI's move to slash the benchmark interest rate for the first time in nearly five years on Friday and asserted that it will complement the consumption-boosting measures announced in the last week's budget,
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 ...
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RBI MPC 2025: Panel Lowers Inflation Projections For FY25, Check CPI Inflation Estimate For FY26 Here
Sharing the projections about inflation levels in the economy, Governor Sanjay Malhotra said that the retail inflation rate for the 2024-25 fiscal year (FY25) is now estimated to be at 4.5 per cent.
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Equity benchmark indices Sensex and Nifty ended in the red on Friday as the Reserve Bank of India’s (RBI's) rate cut failed ...
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India's forex reserves up $1.05 bn at $630.6 bn as of January 31: RBI Governor Sanjay Malhotra
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