RBI cuts repo rate by 50 bps, CRR by 100 bps
New Delhi, June 10, 2025.RBI Monetary Policy Committee (MPC) has cut Repo rate by 50 bps, significantly higher than estimates. The big change is the stance adopted by RBI. The Reserve Bank has now changed its stance to ‘Neutral.’ Food inflation outlook soft and core inflation outlook benign. The inflation outlook for the year has been revised downwards to 3.7%. GDP growth seen lower amidst global challenges.Shanti Ekambaram, Deputy Managing Director, Kotak Mahindra Bank, Said “The RBI has made a clear and decisive call to propel economic growth, deploying all key policy levers in a bold and timely manner. By front-loading a 50 basis point repo rate cut and infusing durable liquidity through a 100 basis point CRR reduction, the RBI has demonstrated its commitment to ensuring effecti...
