RBI cuts repo rate to 5.25% to boost economic growth
pre-market1 source ↓written by the desknot a recommendation
- to stimulate economic
- 5.25%
- in open market
- ₹1 lakh crore
- dollar–rupee swap
- $5 billion
- while maintaining
- 7.3%
The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25% to stimulate economic growth, citing low inflation and strong GDP figures. The central bank plans to inject liquidity through ₹1 lakh crore in open market operations and a $5 billion dollar–rupee swap.
This move is expected to enhance borrowing capacity and consumer spending, potentially benefiting sectors like Banking and Real Estate. The RBI also raised its GDP growth forecast to 7.3% while maintaining a neutral policy stance.
Not investment advice. For informational purposes only.