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Economy

RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper

The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.

RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper

Key Highlights

  • The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.
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Sources

  1. RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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