RBI lowered repo rate by 25 bps. (Photo credit: PTI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Reserve Bank of India Monetary Policy Committee has cut the repo rate by 25 basis points to 5.25%, delivering on expectations.

The decision was made unanimously by the MPC committee, which has also unanimously decided to maintain a 'neutral' stance.

RBI's action comes against the backdrop of global trade volatility and rupee weakening, with the domestic currency recently breaching 90 levels against the US dollar.

In his MPC address, the RBI Governor stated that

RBI MPC Meeting: Five Key Highlights

Repo Rate Cut & Stance Unchanged

The RBI MPC has voted unanimously to reduce the repo rate by 25 basis points to 5.25%. This breaks a trend of two consecutive time in wh

See Full Page