Skip to main content

Reserve Bank of India ‘front-loads’ easing with 50bp cut

Rajan points to deterioration in global outlook and desire to boost investment

raghuran-rajan-2
Raghuram Rajan

The Reserve Bank of India (RBI) cut its policy rate by 50 basis points to 6.75% today (September 29), with governor Raghuram Rajan citing the need to "front-load" monetary stimulus.

In a press conference following the decision, Rajan noted there was a "general sense" around the world the global outlook had deteriorated, which helped to create the room for the RBI to act.

Today's cut brings an end to the easing cycle that has seen the central bank reduce its key rate by 125bp this year, with the

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.