💨 Abstract

The Reserve Bank of India (RBI) reduced the key interest rate by 25 basis points to 6% on April 9, 2025, for the second consecutive time to bolster a slowing economy affected by US reciprocal tariffs. This move will lower borrowing costs for home, auto, and corporate loans. The RBI also lowered the GDP growth forecast to 6.5%

Courtesy: theprint.in