Mumbai, India, Dec 5, 2025 (AFP) - India central bank cuts rates amid US trade deal limbo

NAMPA / AFP

2025-12-05

India's central bank cut interest rates on Friday as low inflation provided room to help cushion the world's fastest-growing major economy against US President Donald Trump's tariff blitz. The Reserve Bank of India (RBI) said the benchmark repo rate, the level at which it lends to commercial banks, would be reduced by five basis points to 5.25 percent after a unanimous vote by its monetary policy committee. Some analysts had expected the central......

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Mumbai, India, Dec 5, 2025 (AFP) - India central bank cuts rates amid US trade deal limbo

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