💨 Abstract

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25%, a move welcomed by industry experts and market stakeholders as a timely boost to economic growth, easing borrowing costs, and stimulating the real estate sector. The decision is seen as crucial for reviving consumption growth, particularly in the affordable and mid-income housing sector.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖