RBI Cuts Rates, FIMMDA Issues Service Alert

Unknown Apr 02, 2026 1,100 Views

The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points to 6.25% in its first policy decision under new Governor Sanjay Malhotra. This marks the first rate cut in nearly five years, aimed at boosting economic growth while maintaining inflation control. Malhotra emphasized that th...

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