India central bank delivers 1st rate cut since 2020

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.
India central bank cuts interest rates amid easing inflation
Central banks around the world cut interest rates last year, with India maintaining higher rates due to lingering inflation. India maintained high rates due to lingering inflation. Last year, India's economy grew at a rate of 8%.
India central bank delivers first rate cut since 2020
India’s central bank cut interest rates Friday for the first time in nearly five years, as concerns over a growth slowdown in the world’s fifth largest economy outweighed inflation risks. The Reserve Bank of India (RBI) said the benchmark repo rate,
India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020
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.
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