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India central bank delivers sharp rate cut as growth and inflation fall

BBC News Friday, 6 June 2025 ()
India central bank delivers sharp rate cut as growth and inflation fallIndia's economy grew by 6.5% in the previous financial year ending March, data last week showed.
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News video: India's central bank cuts rates more than expected to boost growth

India's central bank cuts rates more than expected to boost growth 00:50

India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank of India lowers the benchmark repo rate, the level at which it lends to commercial banks, by 50...

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