India's central bank announced a larger-than-expected interest rate cut on Wednesday and kept the door open for more easing to spur slowing economic growth.
The Monetary Policy Committee of the Reserve Bank of India decided to reduce the key rate by 35 basis points to 5.40 percent, the lowest since 2010.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com