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of <h1>RBI Reduces Key Interest Rate to 6%, Adopts Accommodative Monetary Policy to Boost Economic Growth and Manage Inflation</h1> The Reserve Bank of India (RBI) cut interest rates by 25 basis points to 6%, shifting to an accommodative stance amid global economic uncertainties. The decision comes as US tariffs impact Indian exports, with the central bank lowering economic growth projections to 6.5% for the fiscal year. The rate cut aims to support economic growth, potentially stimulating credit demand and investments while managing inflation within the target range.
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