<h1>Reserve Bank of India cuts repo rate by 25 basis points to 6.25% to boost growth and maintain inflation target.</h1> The Monetary Policy Committee (MPC) of the Reserve Bank of India, chaired by the Governor, decided to reduce the policy repo rate by 25 basis points to 6.25% to support growth while maintaining a neutral monetary stance. The decision aligns with the goal of achieving a medium-term consumer price index (CPI) inflation target of 4% within a +/- 2% range. The global economic landscape remains challenging, with geopolitical tensions and market volatility. Domestically, GDP growth is projected at 6.4% for 2024-25, supported by private consumption and services. CPI inflation is projected at 4.8% for 2024-25, with risks balanced.