RBI Cuts Interest Rates For First Time In Nearly 5 Years To Boost Economy. The RBI Monetary Policy Committee (MPC) has unanimously decided to cut the key rate by 25 bps from 6.5% to 6.25%.

RBI Cuts Interest Rates For First Time In Nearly 5 Years To Boost Economy. The RBI Monetary Policy Committee (MPC) has unanimously decided to cut the key rate by 25 bps from 6.5% to 6.25%.