RBI likely to cut repo rate by 25 basis points: Business Standard poll

A Business Standard poll suggests that the RBI is likely to reduce the policy repo rate by 25 basis points in its upcoming review. The move is anticipated to provide economic stimulus by lowering borrowing costs for businesses and consumers. The potential rate cut comes as the RBI seeks to support economic growth amid global uncertainty and domestic inflation pressures. A reduction in the repo rate would be a positive development for the economy, making loans cheaper and supporting investment and consumption activities.