India's central bank cut its policy rate by 25 basis points to 6%, marking its lowest level since September 2022 as growth concerns mount in the world's fifth largest economy The rate cut was in line with expectations from analysts polled by Reuters,

India's central bank is set to cut rates for a second time on Wednesday as risks to growth rise in the aftermath of U.S. import tariffs, with investors closely monitoring its commentary and a potential change in stance for future policy clues.

(Reuters) - The Reserve Bank of India cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to "accommodative" from "neutral" to boost the sluggish economy, which is facing further pressure from U.S. tariffs.