RBI's monetary policy committee cuts repo rate by 25 bps to 6.25%

Quick Summary:

Cut in the repo rate comes after 11 consecutive MPC meetings in which the rate remained unchanged at 6.

Inflation eased to a four-month low of 5.22 per cent in December, down from 5.48 per cent in the previous month, as food prices provided some relief.

Since April 2023, the repo rate had remained at 6.

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Category: BusinessFinance

Markets: India

Topics: OMO auctions Liquidity measures Repo rate Rupee Inflation VRR auction RBI USD/INR swap RBI governor Sanjay Malhotra Government bonds Monetary policy committee

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 10:47:42 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 552 words

Reading Time: 4 minutes read

Sentences: 26 lines

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Copyright Owner: © Business Standard

News ID: 25955153

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