
RBI Cuts Repo Rate to 6.25% Under Governor Sanjay Malhotra, First in Five Years to Boost Growth
In a significant move to stimulate economic growth, the Reserve Bank of India (RBI), under the leadership of Governor Sanjay Malhotra, has reduced the repo rate by 25 basis points, bringing it down to 6.25%. This marks the first rate cut in nearly five years, reflecting the central bank’s response to evolving economic indicators. The…