April 9, 2025 1:38 PM
107
RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth
Slashing policy rates for the second time in a row, the Monetary Policy Committee of the Reserve Bank of India today unanimously announced a reduction of 25 basis points in the policy repo rate, bringing it down to 6 percent. Consequently, the standing deposit facility -SDF rate under the liquidity ...