RBI Cuts Repo Rate By 25 Bps To 6.25% Amid Growth, Inflation Focus
In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25 per cent on Friday, marking the first reduction in four years. This move, unveiled after the Monetary Policy Committee (MPC) meeting led by newly appointed Governor Sanjay Malhotra,