RBI cuts repo rate by 50 bps to 5.5 pc, third consecutive reduction
The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Following the rate cut, the key policy rate eased to a three-year low of 5.5 per cent, providing relief to home, auto and corporate loans
6 Jun 00:00 · The Pioneer