The Reserve Bank of India cut the repo rate by 25 basis points, the first reduction in nearly five years. While the rate cut aims to boost economic growth, the RBI maintains a neutral policy stance due to global uncertainties and inflation risks,

The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI Governor, chaired his first Monetary Policy Committee (MPC)

The RBI's Monetary Policy Committee cut the repo rate by 25 bps for the first time in nearly five years, maintaining a neutral stance. Governor Sanjay Malhotra noted inflation aligns with targets amid concerns over economic growth and signs of inflation nearing 4 per cent.