RBI Cuts Repo Rate, Signaling Shift in Monetary Policy
Mumbai, India – In a move that has sent ripples through the Indian economy, the Reserve Bank of India (RBI) has announced a 25 basis point cut in the repo rate, lowering it to 6.25%. This decision, made during the Monetary Policy Committee (MPC) meeting held on February 7, 2025, marks the first reduction in … Read more