In a major relief to borrowers, the Reserve Bank of India (RBI) has cut the repo rate by 50 basis points (bps) to 5.50 per cent. RBI Governor Sanjay Malhotra said that the Monetary Policy Committee ...
RBI MPC Meet June 2025 HIGHLIGHTS: RBI Governor Sanjay Malhotra announced a surprise 50-basis-point rate cut on Friday, June 6. This is the third rate cut in the current cycle of monetary policy ...
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