8 February 2025
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Will the rate cut by RBI help the Indian economy?
The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks by 25 basis points to 6.25 per cent. The decisions of MPC of the Reserve Bank of India play a pivotal role in shaping the country’s economic landscape.…