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3 MPC decisions this year. Rate moved from 6.50% to 5.50% (-100 bps).
Third consecutive cut in 2025; growth-supportive stance with inflation back inside RBI's 2-6% tolerance band.
Second back-to-back cut. RBI signalled the start of a measured easing cycle.
First cut after a 25-month hold. Inflation moderation + slowing GDP growth.