The Reserve Bank of India's (RBI) first interest rate cut in nearly five years will not be enough to spur loan growth since the tight liquidity conditions will prevent banks from passing on the ...
RBI cuts policy rate by 25bps to 6.25%, aiming to boost slowing growth while managing inflation; further cuts expected in ...
Gulfbusiness.com on MSN7d
India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approachMUMBAI -- The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and ...
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