Reserve Bank Of India Cuts Repo Rate By 25 Basis Points To 5.25 Percent

The decision was communicated by RBI Governor Sanjay Malhotra after the conclusion of the three-day Monetary Policy



Committee (MPC) meeting held from December 3 to 5.

The governor stated that the MPC undertook a detailed assessment of evolving macroeconomic conditions and future outlook before arriving at the unanimous decision to implement the rate cut with immediate effect.