The Reserve Bank of India, in a surprise move, slashed its benchmark interest rate by 25 basis points, to 7.5%, on Wednesday, easing monetary policy for the second time in less than two months.
PressDigest
Indian central bank delivers second surprise rate cut
The Reserve Bank of India, in a surprise move, slashed its benchmark interest rate by 25 basis points, to 7.5%, on Wednesday, easing monetary policy for the second time in less than two months.