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    <title>RBI cuts interest rate to 5.25 pc to support &#039;goldilocks&#039; economy</title>
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    <description>The Reserve Bank of India cut the repo rate by 25 basis points to 5.25% and retained a neutral stance, citing benign inflation and stronger growth that provide scope for further easing. To support transmission and address currency pressures, the RBI announced open market purchases of bonds worth Rs 1 lakh crore and USD 5 billion in forex swaps to add liquidity to the banking system while reaffirming support for productive credit demand and macroeconomic stability.</description>
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