New Delhi, Feb. 7 -- Welcoming the Monetary Policy Committee's (MPC) decision to cut repo rate, industry captains on Friday said that the move would provide relief to home loan borrowers, boost consumption, lift consumer sentiments and help the India story. "The Reserve Bank of India's (RBI) decision to reduce the repo rate by 25 basis points to 6.25%, along with the Finance Ministry's recent move to lower the tax burden for the middle class, is expected to have a significant impact on the Indian economy," said Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services. Amid easing inflation pressure, the Reserve Bank of India (RBI)'s monetary policy committee on Friday decided to cut policy repo rate by 0.25% to 6.25% rai...