RBI cuts repo rate by 25 bps to 6%, lowers FY26 GDP growth forecast to 6.5%
RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has unanimously decided to reduce the repo rate by 25 basis points to 6 per cent, Governor Sanjay Malhotra announced on Wednesday. This marks the second…