Reserve Bank of India cuts repo rate by 50 bps to boost growth

RBI’s Monetary Policy Committee cut the repo rate by 50 bps to 5.50 per cent, citing easing inflation and the need to boost growth.
CPI inflation fell to 3.2 per cent in April, with FY26 inflation forecast lowered to 3.7 per cent.
Real GDP growth is projected at 6.5 per cent.
The policy stance shifted to ‘neutral’, with future moves to be data dependent.
Next review is in August.Read More