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RBI cuts repo rate to 5.25% and upgrades GDP outlook, focusing on liquidity.
Summary
The Reserve Bank of India (RBI) reduced the repo rate to 5.25% and increased the GDP growth forecast to 7.3% for FY26. The central bank also announced liquidity measures, including open market purchases of government bonds worth ₹1 lakh crore, to support economic growth.
Key Points
- RBI cut repo rate to 5.25%.
- GDP growth forecast raised to 7.3% for FY26.
- Open market purchases of government bonds worth ₹1 lakh crore announced.
Full Article
The Reserve Bank of India cut the repo rate by 25 basis points to 5.25% and raised its GDP growth forecast to 7.3% for FY26. The central bank also announced significant liquidity measures, including open market purchases of government bonds worth ₹1 lakh crore, signaling a supportive stance for economic growth.
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