MPC meeting: RBI cuts repo rate by 25 basis points to 5.25%
Virendra Pandit New Delhi: The Reserve Bank of India (RBI) on Friday slashed its repo rate by 25 basis points from 5.5 percent to 5.25 percent, the central bank’s governor, Sanjay Malhotra, announced, the media reported. The decision was taken unanimously after a three-day meeting of the RBI’s Monetary Policy Committee (MPC), held every […]


