RBI blinks with a 0.25% rate cut for growth push

First repo rate cut since May 2020 may translate into cheaper home and car loans; follows Budget initiatives to boost consumption through income tax breaks; RBI projects real GDP growth of 6.7% for 2025-26

Feb 8, 2025 - 12:30
 0
RBI blinks with a 0.25% rate cut for growth push
First repo rate cut since May 2020 may translate into cheaper home and car loans; follows Budget initiatives to boost consumption through income tax breaks; RBI projects real GDP growth of 6.7% for 2025-26

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