The Headlines – RBI MPC meet: Why was repo rate cut by 25 basis points? RBI governor Sanjay Malhotra explains monetary policy rationale

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The Headlines – RBI MPC meet: Why was repo rate cut by 25 basis points? RBI governor Sanjay Malhotra explains monetary policy rationale

RBI MPC meet: The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years. The decision follows declining inflation rates and the need to support economic growth.

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