At the RBI MPC Meeting in 2025, the RBI lowers the repo rate by 25 basis points to 6.25% for the first time in five years and projects 6.7% GDP growth in FY26.
Announcements of the RBI Monetary Policy Meeting: As of right now, the repo rate was 6.5%. The action was taken just one week after the Centre lowered personal income taxes in an effort to increase spending. Meeting of the RBI MPC in February 2025: The repo rate, or the rate at which the RBI loans … Read more