RBI cuts repo rate by 25 basis points to 6 pc, lowers GDP growth forecast for FY26
Mumbai, Apr 9 (UNI) Delivering second straight cut in key interest rate in the wake of softening retail inflation, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Wednesday decided to cut policy repo rate by 25 basis points to 6% with immediate effect. “After a detailed assessment of the evolving macroeconomic and…
