The Monetary Policy Committee, headed by the new RBI Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25 per cent. This marks the first reduction since May 2020 and the ...
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RBI Repo Rate Cut by 25 bps Explained: After holding the repo rate at 6.50 per cent for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the key policy ...