💨 Abstract

The Reserve Bank of India (RBI) reduced interest rates by 25 basis points to 6% on April 9, 2025, marking the second consecutive cut, aiming to boost the economy amidst pressure from damaging US tariffs. The Monetary Policy Committee (MPC) voted unanimously in favor of the cut, signaling potential for further easing in the future.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖