India cuts interest rates for 1st time in 5 years

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.
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 cuts interest rates for the first time in five years
India's GDP growth is seen slowing to a 4-yr low this financial year. India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third largest economy.
India cuts rates for first time in nearly 5 years to combat slowing growth
New central bank governor Sanjay Malhotra loosens monetary policy despite high inflation hitting consumer spending
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.
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.
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