India, Dec. 5 -- The Reserve Bank of India has lowered its benchmark repurchase rate for the first time in six months, in an attempt to keep the Indian economy in the so-called "Goldilocks zone" of high growth and low inflation.

The RBI's six-member Monetary Policy Committee (MPC), which met over 3-5 December, voted unanimously to reduce the repo rate by 25 basis points to 5.25%, Governor Sanjay Malhotra said during his televised speech on Friday. The policy stance was retained at neutral.

One basis point is one-hundredth of a percentage point.

Here's a quick look at the key decisions taken by India's Monetary Policy Committee over their 3-5 December meeting:

Malhotra said low inflation and strong economic growth mean India was in a "...