The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points to 6.25% on Friday, marking its first rate reduction since May 2020. The decision, in line with expectations, comes as the economy faces its slowest growth in four years. The Monetary Policy Committee (MPC), comprising three RBI members and three … Continue reading RBI Cuts Repo Rate to 6.25% in First Reduction Since 2020 to Boost Economy