RBI Monetary Policy Committee cuts repo rate by 25 bps to 6.25% Under new Governor Sanjay Malhotra, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25%, marking the first policy under his leadership and ending a pause that began in February 2023. This decision follows the RBI's last rate cut in May 2020, when the repo rate was slashed to 4% to support the economy during the COVID-19 lockdown. In addition to the rate cut, the RBI has revised its GDP growth forecast for FY26 to 6.7%, up from the previous estimate of 6.6%. The inflation projection for FY26 is set at 4.2%. Here are all the details. BY: Alekh Shah Read full story here: https://cfo.economictimes.indiatimes.com/news/policy/rbi-monetary-policy-committee-cuts-repo-rate-by-25-bps-to-6-25/117999849?utm_source=top_story&utm_medium=homepage?ag=wappchnl&utm_source=wappchnl #rbi #rbipolicy #governor #mpc #reporate #ratecut #cfoindia