In a significant move aimed at stimulating economic activity and easing financial pressures, the Reserve Bank of India (RBI) has reduced the Repo Rate by 0.5%, bringing it down from 6.00% to 5.50%. This monetary easing is particularly timely and impactful for the sugar industry, especially for cooperative sugar factories in Maharashtra and across India, … Continue reading RBI’s 0.5% repo rate cut: A timely relief for sugar factories battling interest burden