India's central bank to cut rates to boost economy

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 Central Bank Cuts Key Rate For the First Time in Almost Five Years
Outside the Reserve Bank of India (RBI) headquarters building in Mumbai.
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 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.
RBI MPC meet: Central Bank cuts repo rate by 25 basis points to 6.25%
The Reserve Bank of India’s monetary policy committee (MPC) today unanimously slashed the repo rate by 25 basis points to 6.25% after keeping the key policy rate unchanged for six consecutive times. The MPC also decided unanimously to continue with the 'neutral' policy stance.
Rupee to hold near record low in lead up to central bank rate decision
The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.
RBI MPC meeting outcome: Central bank slashes repo rate by 25 bps, first cut in nearly five years
The central bank’s Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 6.25 per cent, after having kept it unchanged for eleven straight meetings
India cuts rates for first time in nearly five years to 6.25%
MUMBAI -- The Reserve Bank of India on Friday cut its key interest rate for the first time since May 2020, as concerns about a slowing economic growth appeared to take precedence over sticky inflation and a weakening rupee.
India's central bank to cut rates to boost economy as inflation slows
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish economy, with easing price pressures giving policymakers more room to manoeuvre.
Stock market trades flat ahead of key RBI MPC rate cut decision
The NSE Nifty 50 and BSE Sensex were trading almost flat early on Friday ahead of the Reserve Bank of India’s (RBI) Monetary ...
RBI likely intervened to support rupee ahead of rate decision: Traders
The Reserve Bank of India likely intervened to support the rupee before the local spot market opened ahead of a key monetary ...
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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 ...
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