India's central bank cut its key interest rates by 25 basis points to 6.25% in an effort to boost the country's economy amid a slowdown. The Reserve Bank of India noted signs of weakness in investment activity and exports while consumer demand has remained resilient. Economists expect the rate cut to help revive lending and investment in India.
India's central bank cut its key interest rates by 25 basis points to 6.25% in an effort to boost the country's economy amid a slowdown. The Reserve Bank of India noted signs of weakness in investment activity and exports while consumer demand has remained resilient. Economists expect the rate cut to help revive lending and investment in India.
India's central bank cut its key interest rates by 25 basis points to 6.25% in an effort to boost the country's economy amid a slowdown. The Reserve Bank of India noted signs of weakness in investment activity and exports while consumer demand has remained resilient. Economists expect the rate cut to help revive lending and investment in India.