Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
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RBI Cuts Repo Rate by 25 bps to 6%
Update / Judgement Date
10 Apr 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
RBI
The RBI has reduced the repo rate by 25 basis points to 6 percent. This decision by the central bank aims to lower borrowing costs for banks, which is expected to translate into reduced interest rates for loans taken by individuals and businesses. The cut in the repo rate is a monetary policy tool used to stimulate economic growth and manage inflation. The move reflects the RBI's assessment of the current economic conditions and its efforts to support recovery.
