RBI Financial Coverage Committee cuts repo price by 25 bps to six.25%, ETCFO
In its sixth and closing bi-monthly financial coverage assessment for FY25, the Reserve Financial institution of India (RBI) introduced a 25 foundation level (bps) discount within the repo price, reducing it from 6.5% to six.25%. This marks the primary coverage adjustment below the management of the newly appointed RBI Governor, Sanjay Malhotra, and comes shortly…