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Experts applaud RBI's repo rate cut as 'well-timed' and 'pro-growth' measure

New Delhi, February 7: The Reserve Bank of India's (RBI) decision to reduce the repo rate by 25 basis points to 6.25 per cent has received widespread appreciation from industry experts and market stakeholders, who see it as a well-timed move to boost economic growth, ease borrowing costs, and stimulate the real estate sector.