New Delhi, April 9 -- The industry on Wednesday hailed the RBI's decision to cut key rate by 25 basis points from 6.25 percent to 6 percent saying this will support economic growth amid the escalating global tariff war. Shikhar Aggarwal, Chairman, BLS E-Services, said "The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, reducing it from 6.5% to 6.25%, a decision intended to enhance market liquidity. This reduction is anticipated to significantly boost liquidity in the financial system, particularly aiding banks with lower Loan-to-Deposit Ratios. "During his presentation on the economic outlook for 2025-26, the RBI Governor emphasized the agriculture sector's strong potential, backed by robust crop production. He also ...