RBI cuts repo rate by 25 bps to 6.25% after 5 yrs

In his first Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the ...
At last. After dodging interest rate cuts for five years, the Reserve Bank of India acted in deference to its new policy ...
Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...