Reserve Bank of India announces first rate cut in nearly five years as world’s most populous nation faces slowdown.

India's central bank cut interest rates Friday for the first time in nearly five years, as concerns over a growth slowdown in ...

New central bank governor Sanjay Malhotra loosens monetary policy despite high inflation hitting consumer spending ...

The Reserve Bank of India cut the repo rate by 25 basis points, the first reduction in nearly five years. While the rate cut ...