At last. After dodging interest rate cuts for five years, the Reserve Bank of India acted in deference to its new policy ...

Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...

The RBI has reduced the repo rate by 25 basis points to 6.25% for the first time in five years, aiming to boost economic growth. Industry leaders expect lower borrowing costs to drive credit demand, ...