In a significant development for the Indian economy, the Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points to 5.75%. This move is aimed at boosting economic growth and increasing liquidity in the market. The repo rate is the rate at which the central bank lends money to commercial banks. The reduction in the repo rate is expected to lead to a decrease in interest rates for consumers, including home loan borrowers and small businesses. This decision comes in the wake of slowing economic growth and subdued inflation. The RBI has also revised its GDP growth forecast for 2019-20 to 7%, down from the previous estimate of 7.2%. The central bank has taken this step to stimulate investment and consumption in the economy. The rate cut is likely to benefit various sectors such as real estate, auto, and manufacturing. It is expected to provide a much-needed impetus to the economy, which has been facing headwinds due to global trade tensions and domestic issues. The RBI Governor, Shaktikanta Das, has assured that the central bank stands ready to take further measures as needed to support economic growth. The rate cut is seen as a proactive step by the RBI to address the challenges faced by the Indian economy and support its recovery.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a significant development for the Indian economy, the Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points to 5.75%. This move is aimed at boosting economic growth and increasing liquidity in the market. The repo rate is the rate at which the central bank lends money […]<\/p>\n","protected":false},"author":0,"featured_media":93594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-218.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-218-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-218-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-218-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-218-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-218.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-119544545imgsize-925870-218.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/93593"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=93593"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/93593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/93594"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=93593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=93593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=93593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}