RBI Rate Cut of 25 bps: Major Highlights
RBI has announced a rate cut of 25 basis points after five years, reducing the repo rate from 6.50% to 6.25%. Here are the key highlights of the RBI MPC announcements made by the Governor Sanjay Malhotra on February 7, 2025: MPC declared the policy repo rate cut under the liquidity adjustment facility (LAF) by …