RBI cuts repo rate

RBI cuts key policy rate for first time in 5 years
RBI cuts policy rate by 25bps to 6.25%, aiming to boost slowing growth while managing inflation; further cuts expected in April amid cautious stance.
Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
After tax relief in Budget, RBI cuts key rate, first in five years, to spur growth
The cut in the key policy rate — the first in nearly five years — will provide relief to home, vehicle, and other consumer loan borrowers as all interest rates linked to the repo rate will come down by 25 basis points (bps) immediately. One basis point (bps) is one-hundredth of a percentage point.
India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways
The RBI's Monetary Policy Committee cut the repo rate by 25 bps for the first time in nearly five years, maintaining a neutral stance. Governor Sanjay Malhotra noted inflation aligns with targets amid concerns over economic growth and signs of inflation nearing 4 per cent.
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