RBI reduces repo rate by 25bps, maintains 'neutral' stance; The Reserve Bank of India projected inflation for FY25 at 4.8% and for FY26 at 4.2%. This was the first monetary policy for the newly appointed RBI Governor Sanjay Malhotra.

RBI reduces repo rate by 25bps, maintains 'neutral' stance; The Reserve Bank of India projected inflation for FY25 at 4.8% and for FY26 at 4.2%. This was the first monetary policy for the newly appointed RBI Governor Sanjay Malhotra.