
India’s RBI Slashes Interest Rate for First Time Since 2020 to Boost Growth
India’s Reserve Bank cuts the key lending rate by 25 basis points to 6.25%, the first adjustment since 2020, aiming to boost a slowing economy amidst global uncertainties.
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India’s Reserve Bank cuts the key lending rate by 25 basis points to 6.25%, the first adjustment since 2020, aiming to boost a slowing economy amidst global uncertainties.