BigBreakingWire
February 7, 2025 at 06:50 AM
RBI cut its key repo rate by 25 bps to 6.25%, its first reduction since May 2020, as economic growth slows to a four-year low. The MPC, with three RBI and three external members, ended an 11-meeting streak of unchanged rates to provide stimulus.
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https://bigbreakingwire.in/rbi-cuts-repo-rate-to-6-25-in-first-reduction-since-2020-to-boost-economy/