The Reserve Bank of India’s Monetary Policy Committee met this week to discuss the possibility of a 25 bps repo rate cut to 6% due to easing inflation. The decision, which is influenced by global economic headwinds and potential impacts from US tariffs, is set to be announced on April 9, 2025. This move comes as a measure to stimulate economic growth and boost consumer spending in the country. Stay tuned for the official announcement from the RBI on the outcome of the meeting.