The Reserve Bank of India (RBI) announced a 50 basis points (bps) cut in the repo rate on Friday, bringing it down to 5.5 per cent. The cut, larger than the widely anticipated 25 bps, is seen as a strategy to push growth amid inflation.

While the central bank's decision has been broadly welcomed, experts said a cautious approach must be adopted amid global uncertainties and potential inflationary triggers ahead.

Financial expert Dilshad Billimoria told mid-day.com that the rate cut signals the RBI's urgency in reviving economic momentum.