RBI cuts repo rate to 5.25% amid strong GDP growth
after close1 source ↓written by the desknot a recommendation
- following a three-day
- 5.25%
The Reserve Bank of India (RBI) has reduced the repo rate by 25 bps to 5.25% following a three-day Monetary Policy Committee meeting. This decision reflects a robust GDP growth of 8.2% and record-low inflation, indicating a favorable economic environment. Traders may view this rate cut as a signal for increased liquidity in the market.
Not investment advice. For informational purposes only.