The Reserve Bank of India is expected to trim the interest rate by 25 basis points to 6.25% at the policy meeting concluding Friday, in what would be its first rate cut in nearly five years. Indian government bonds have rallied in recent weeks,

India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.

India’s cash crunch has more than halved following a series of liquidity measures by the Reserve Bank of India (RBI) aimed at stabilizing the financial system and supporting economic growth.According to a Bloomberg Economics index,

The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined;