RBI's 25 Basis Points Rate Cut: Catalyst for Growth Amid Global Headwinds.

The Reserve Bank of India (RBI) has cut its key repo rate from 6.5% to 6.25%, marking a decrease of 25 basis points. This is the first rate cut in almost five years. The Monetary Policy Committee under the administration of Sanjay Malhotra took this measure to boost an economy that has shown signs of sluggishness all while keeping a neutral position on policies.​