<h1>RBI Cuts Repo Rate by 25 Basis Points to 6.25% to Stimulate Economy; Growth Projected at 6.7%</h1> The Reserve Bank of India, under its new Governor, reduced the repo rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years to boost a sluggish economy. This decision, made unanimously by the Monetary Policy Committee, is expected to lower interest rates on loans. The Governor projected economic growth at 6.7% for the upcoming fiscal year, with inflation expected to decrease to 4.2%. Analysts noted potential pressure on inflation and the rupee due to the rate cut. The RBI maintains a neutral stance, indicating future policy adjustments based on economic conditions.