The RBI announced a 25-basis-point rate cut to 6.25% on February 7, its first in nearly five years. While the market had anticipated this move, experts suggest it will benefit rate-sensitive sectors like automobiles,

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.

(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.

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 government unveiled historic tax cuts in Budget 2025

The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, the first cut since 2020, under new Governor Sanjay Malhotra. The move aims to boost demand and growth across sectors like housing and automobile while maintaining a neutral policy stance.

The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.

RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the repo rate by 25 basis points to 6.25%. This is the first cut in nearly five years and

According to stock market experts, RBI's Monetary Policy Committee is expected to announce a 25 bps rate cut amid economic slowdown and inflation concerns