<h1>RBI's MPC Cuts Repo Rate by 25 Basis Points to 6.25% to Boost Growth Amid Global Uncertainties</h1> The Reserve Bank of India's Monetary Policy Committee (MPC) decided on a 25 basis points reduction in the repo rate to 6.25%, citing inflation aligning with the 4% target. This decision, supported by the RBI Governor and MPC members, aims to bolster economic growth amidst global market uncertainties and trade policy risks. The rate cut, the first in five years, was deemed necessary to enhance aggregate demand and support growth, alongside fiscal measures from the Union Budget. The MPC maintained a neutral stance to adapt to the evolving macroeconomic environment, with the next meeting set for April 2025.