Since August 2022 RBI lowers rates to the lowest

The Central Bank of India has put a non -browned incision to its landmarks, which led to 5.5% from 6%, the lowest level since August 2022.

It also means a third rate decline since February and comes below the average estimates of 5.75% in the Reuters survey.

The decision comes after Better than expected, GDP growth figure In its financial fourth quarter, the economy expands to 7.4% compared to the last year compared to 6.7%, estimated economists interviewed by Reuters.

However, the Central Bank held its full year of GDP at 6.5%, which noted a sharp slowdown compared to 9.2%, noticed in the previous financial year, which ended in March.

The IRB was highlighted trouble with growth At previous meetings amid the threat of tariffs from the United States.

Separately, the solution also comes as Inflation of India It is largely at humiliation, which also provides a RBI room for speeding.

The latest inflation reading in April was 3.16%, the lowest level since July 2019.

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