RBI Cuts Rates as Inflation Cools

  Published 1 year ago

India's RBI cut its key interest rate by 25 basis points to 5.25%, citing easing inflation (now projected at 3.7% for FY26) and a stable 6.5% growth outlook. The move boosted banking stocks.

  • The rate cut is effective immediately.
  • Inflation forecast revised downwards.
  • Nifty Bank index rose 1.16%.

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