India's financial stocks gain on RBI rate cut

Reuters
2025.12.05 04:48
portai
I'm PortAI, I can summarize articles.

** Financials climb 0.7%** Reserve Bank of India cuts key lending rate by 25 basis points to support economic growth** Rate cut makes borrowing cheaper, aiding loan demand and lowering funding costs, helping banks and non-bank lenders** NIFTYFIN was up 0.2% ahead of policy decision** Of 20 stocks on sub-index, 14 trading higher