RBI cuts repo rate by 25 bps amidst high GDP
after close1 source ↓written by the desknot a recommendation
- and inflation
- 8.2%
- inflation at just
- 0.25%
The Reserve Bank of India has cut the repo rate by 25 bps in a surprising move, despite GDP growth exceeding 8.2% and inflation at just 0.25%. This decision reflects the RBI's commitment to supporting economic growth amid global uncertainties. Traders should monitor market reactions as this could influence borrowing costs and investment sentiment.
Not investment advice. For informational purposes only.