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.
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
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RBI MPC 2025: New Governor Sanjay Malhotra Announces Decision In Last Meeting Of FY25, Check Repo Rate HereThis is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
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