RBI Reduces Repo Rate by 25 bps, Adopts ‘Accommodative’ Policy Stance
09 Apr 2025
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) reduced the policy repo rate by 25 basis points on Wednesday at 10:00 a.m. RBI Governor Sanjay Malhotra announced the cut, bringing the key lending rate down to 6%. This is the first monetary policy in the fiscal...
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