ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

India cuts key rate in surprise move ahead of election

New RBI governor stresses objective of supporting growth

The Reserve Bank of India's new governor, Shaktikanta Das, center, cited lower-than-expected inflation and a slowdown in China as reasons for its surprise rate cut on Feb. 7.  (Photo by Ken Koyanagi)

MUMBAI -- The Reserve Bank of India's Monetary Policy Committee on Thursday decided to cut the policy repo rate by 25 basis points to 6.25% on forecasts for lower inflation.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more