Bengaluru, June 6 -- Since February this year, the Reserve Bank of India (RBI) has reduced the repo rate by a total of 100 basis points. The first rate cut came in February, followed by another in April, and most recently, a surprise 50 basis point cut in June. This series of rate reductions has brought the repo rate down from 6.50 percent to 5.50 percent, signaling a clear shift toward monetary easing to support economic growth.

Key Highlights of the RBI MPC June meeting The Reserve Bank of India (RBI) has cut the repo rate by 50 basis points, bringing it down from 6.0 percent to 5.5 percent, as part of a broader monetary easing move. The Standing Deposit Facility (SDF) has been reduced from 5.75 percent to 5.25 percent, while the Margi...