India’s central bank cuts lending rate to 4% to aid economy squib


NEW DELHI (AP) — India’s central bank on Friday cut its key interest rate to 4% to revive the economy severely hit the coronavirus outbreak and a two-month lockdown. Reserve Bank of India Governor Shaktikanta Das also said India’s gross domestic product in financial 2020-21 was expected to have negative growth. The bank held a […]
Scroll for more
Continue reading on Seattle Times...
Tags: