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News

India central bank delivers sharp rate cut

Messenger-Inquirer · 13h
India's central bank cuts rates more than expected to boost growth
India's central bank cut interest rates more than expected on Friday, citing muted inflation and a need to kickstart economic growth amid concerns about the impact of US tariffs.
MarketWatch · 8h
India's Central Bank Delivers Jumbo Rate Cut to Guard Growth -- Update
India's growth-inflation dynamics call for frontloading rate cuts to support growth, RBI Gov. Sanjay Malhotra said, citing a marked pullback in inflation over the past six months. The central bank lowered its inflation forecast for the year to 3.7% from 4.0%.
Reuters · 15h
India cenbank cuts banks' cash reserve ratio to boost rate cut transmission
India's central bank on Friday, in a surprise move, cut the cash reserve ratio (CRR), which banks are required to hold, by 100 basis points to 3% with an aim to accelerate policy transmission and boost lending.
13hon MSN
Instant View: India central bank delivers outsized 50 bps rate easing, slashes reserve ratio
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points (bps) on Friday, a third ...
9hon MSN
RBI MPC meet: Central bank cuts CRR by 1%; to unlock Rs 2.5 lakh crore to bank funds by December
In a significant move to bolster the economy, the Reserve Bank of India (RBI) has slashed the Cash Reserve Ratio (CRR) by 1%, ...

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