Highlights

RBI slash key interest rate by 25 basis points

Monetary Policy Committee unanimously decided to slash policy rate

RBI had trimmed repo rate by 25 basis points to 6.25 per cent in Feb

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RBI cuts policy rate by 25 bps to 6 per cent for the second time in a row

RBI lowers the policy rate to 6% due to US tariffs. GDP growth forecast revised to 6.5% amid global uncertainties. In contrast, February saw the rate increased to 6.5%.

RBI cuts policy rate by 25 bps to 6 per cent for the second time in a row

The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.

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