What are the key takeaways from RBI's latest policy meet?

RBI's Monetary Policy Committee cut the repo rate by 25 bps in nearly 5 years to 6.25%. The standing deposit facility rate shall be 6% and the marginal standing facility rate and the Bank Rate shall be 6.50%. Real GDP growth for the next year is projected at 6.7%. CPI inflation for the financial year 2025-26 is projected at 4.2%.

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