The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
With inflation moderating to 5.2% in December and growth projections for 2024-25 slipping to a four-year low of 6.4%, the RBI appears to be prioritising economic expansion over inflation control ...
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years yesterday and signalled a less restrictive policy approach ahead, as it seeks ...