<h1>Finance Ministry Supports RBI's 25 Basis Points Repo Rate Cut to Boost Economy and Credit Demand.</h1> The Finance Ministry endorses the Reserve Bank of India's decision to reduce the repo rate by 25 basis points, viewing it as a positive step for the economy. This rate cut is expected to enhance private sector spending and improve corporate and bank balance sheets, thereby boosting credit demand and supply. The Ministry believes this move aligns with disinflationary trends and signals a policy shift, complementing other governmental actions aimed at reviving investment and achieving India's medium-term growth potential.