The Reserve Bank of India, under new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, the first reduction since May 2020. This move, aligning with Budget 2025-26’s fiscal push, aims to boost consumption and economic growth. Sectors like banking, real estate, and auto may benefit as lower borrowing costs improve credit demand and liquidity in the market.
RBI: Cuts Repo Rate to 6.25%, Boost for Banks, Realty & Auto
