RBI Rate Cut News | RBI Cuts Repo Rate By 25 Basis Points To 6.25% | RBI Policy Today | N18S

RBI Rate Cut News | RBI Cuts Repo Rate By 25 Basis Points To 6.25% | RBI Policy Today | N18S

The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday has cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI in five years, the last one being in May 2020. n18oc_shorts News18 Mobile App – https://onelink.to/desc-youtube