RBI delivers liquidity boost with rate cut and asset‑purchase plan

RBI cuts repo rate and injects $16B liquidity to support banking system, ease credit, and stabilise markets amid soft inflation and growth uncertainty.

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8 days ago

RBI delivers liquidity boost with rate cut and asset‑purchase plan

RBI delivers liquidity boost with rate cut and asset‑purchase plan
 Reserve Bank of India (RBI) cut its repo rate to 5.25% and announced up to $16 billion in liquidity support through bond purchases and a forex swap, aiming to support banks and stabilize markets. This comes amid softening inflation and steady domestic growth, as the RBI looks to cushion potential headwinds from global volatility.
Tags:
  • economy
  • India