What does the RBI cut mean for households?
Edited By WION Video Desk
Published: Feb 09, 2025, 05:25 IST | Updated: Feb 09, 2025, 05:25 IST
To stimulate the economy and boost consumer spending, the Reserve Bank of India (RBI) cut the main repo rate for the first time in almost five years.
The RBI action comes after the government announced significant tax relief in the budget last week.
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