RBI cuts interest rates by 25 bps

The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, ...
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
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.