RBI inflation forecast

Good News | RBI Cuts Repo Rate By 25 bps To 6%; Home Loan EMIs Set To Decrease

In a significant move aimed at cushioning the Indian economy from global shocks, the Reserve Bank of India (RBI) on Wednesday announced a 25 basis point cut in the repo rate, bringing it down from 6.25% to 6%. RBI Governor Sanjay Malhotra stated that the central bank’s Monetary Policy Committee...