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

The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...
The Reserve Bank of India has cut the repo rate by 25 basis points to 6.25 percent. A repo rate cut benefits borrowers but ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.