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08Feb 2025
RBI Cuts Repo Rate to Boost Economic Growth
Why in the news? The Reserve Bank of India cut the repo rate by 0.25% to 6.25%, the first reduction since May 2020, aiming to stimulate growth, ease borrowing costs, and manage inflation projected to decline to 4.2% in 2025-26. Policy Decision and Implications: The Reserve Bank of India (RBI) cut the repo rate by …
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