RBI reduces policy repo rate by 50 BPS and CRR by 100 BPS, supporting India’s growth momentum amid challenging global environment: PHDCCI The RBI MPC decision to reduce the policy repo rate by 50 basis points (bps) to 5.5% will support India’s growth amidst continued global volatilities is highly appreciable, said Mr. Hemant Jain, President, PHDCCI. We highly appreciate the RBI stance of reducing Repo Rate by 100 BPS from Feb 2025 to June 2025, with the standing deposit facility (SDF) rate adjusted to 5.25%, and the marginal standing facility (MSF) rate and the Bank Rate to 5.75%, he said. The MPC’s decision […]
The post RBI Cuts Repo Rate by 50 BPS, CRR by 100 BPS to Boost Growth: PHDCCI first appeared on Business News Week.