RBI cuts key policy rate to 5.25% amid growth
pre-market1 source ↓written by the desknot a recommendation
- policy rate
- 25 basis points
- 5.25%
- in the first
- 8%
- for this easing
- 2.2%
The Reserve Bank of India has cut its key policy rate by 25 basis points to 5.25%, marking the lowest level in over three years. This decision comes despite a weakened rupee and stronger-than-expected economic growth of 8% in the first half of the fiscal year. The central bank aims to leverage record-low inflation of 2.2% for this easing cycle.
Not investment advice. For informational purposes only.