RBI MPC Meeting 2025: New Governor Sanjay Malhotra Picks Consumption Over Currency Stability
On expected lines, RBI Governor Sanjay Malhotra reduced the repo rate by 25 basis points to 6.25 percent. This is the first rate cut since May 2020, when former RBI Governor Shaktikanta Das slashed the repo rate by 40 basis points to a historic low of 4 percent in May 2020, in an out of … Read more