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Wednesday, Feb 5, 2025

RBI starts interest rate deliberations amid expectations of 25-bps cut

PTI
The RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the Covid pandemic and subsequent lockdown.
The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai.
The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai.

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News business RBI starts interest rate deliberations amid expectations of 25-bps cut