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    <title>RBI slashes interest rates, cuts reserve ratio to boost growth</title>
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    <description>The RBI cut the repo rate by 50 basis points to 5.5% and changed its stance to neutral; the six member monetary policy committee voted five to one. It also reduced the cash reserve ratio by 100 basis points to 3%, to be enacted in four equal 25 basis point tranches beginning September 6, October 4, November 1 and November 29, 2025, releasing primary liquidity of about Rs 2.5 lakh crore and intended to lower banks&#039; funding costs and aid monetary transmission.</description>
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