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…
RBI slashes repo rate by 25 bps to 6%, shifts stance to 'accommodative'
Update / Judgement Date
09 Apr 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The Reserve Bank of India (RBI) has slashed the repo rate by 25 basis points to 6% and shifted its monetary policy stance to accommodative. This reduction in the key lending rate is aimed at easing borrowing costs and stimulating economic activity. The shift to an accommodative stance suggests that the RBI is prioritizing growth and is prepared to maintain lower interest rates for a longer period.