RBI Cuts Interest Rates For 3rd Time In A Row, Repo Rate Reduced By 50 Bps To 5.5%; CRR Slashed By 100 Bps
Last Updated:June 06, 2025, 10:45 is RBI Governor Sanjay Malhotra says the MPC felt frontloading of rate cut will boost growth; the RBI MPC changes its policy stance from ‘accommodative’ to ‘neutral’. The RBI also reduced the SDF to 5.25 per cent, and MSF and Bank Rates to 5.75 per cent. RBI Monetary Policy Committee…