RBI Cuts Repo Rate to 5.75%: Surprise Policy Shift Signals Cheaper Loans and Growth Push
In a move that caught markets by surprise, the Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down to 5.75 percent. Along with the rate cut, the central bank has shifted its policy stance to “accommodative,” clearly signalling its intent to support economic growth through easier monetary conditions. … Read more