The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to boost the sluggish economy in the face of fresh U.

India’s central bank delivered a back-to-back rate cut and signaled more monetary support ahead as U.S. trade tariffs raised alarm about slowing global growth.

The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6%, aiming to stimulate GDP growth amid global economic challenges linked to US tariffs. Following a Monetary Policy Committee meeting,