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India Central Bank Shocks With Biggest Rate Cut Since Covid As Growth, Inflation Stall

Upworthy Friday, 6 June 2025 ()
India Central Bank Shocks With Biggest Rate Cut Since Covid As Growth, Inflation Stall India's central bank shocked markets this morning when it slashing interest rates (in a 5:1 vote) by a deeper-than-expected half a percent - the third cut in a row - and the largest rate cut since the covid…
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Video Credit: AFP English - Published
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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