RBI Cuts Rates to Boost India's Growth

  Published 1 year ago

The Reserve Bank of India unexpectedly cut its repo rate by 50 basis points to 5.50%, its third consecutive reduction, citing significantly softened inflation and aiming to support economic growth. The cash reserve ratio was also reduced.

  • Repo rate cut by 50 bps to 5.50%
  • Inflation is expected to average 3.7%
  • GDP growth projected at 6.5% for FY
You might like these

Veedol Q1 FY26 Financial Highlights

Major Data Centre and CMS Contracts Won

ITC Q2 FY26: Steady Growth Amid Challenges

Oil Prices Fall on OPEC+ Supply Increase Talk

Aadhaar Seva Kendras District Rollout

India Boosts Critical Mineral Recycling

Hong Kong Pensions React to US Downgrade

News that matters the most ⚡