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.

According to stock market experts, RBI's Monetary Policy Committee is expected to announce a 25 bps rate cut amid economic slowdown and inflation concerns

India's central bank said on Monday its chief has urged banks to tighten their oversight on cybersecurity issues and to have systems in place that can prevent digital fraud.

The RBI has kept the repo rate steady at 6.5 per cent since February 2023. The last rate cut occurred in May 2020 during the pandemic, after which the rate was gradually raised to its current level

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;