The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years. The decision to cut the rate by 25 basis points, from 6.5 per cent to 6.25 per cent, was ...
At last. After dodging interest rate cuts for five years, the Reserve Bank of India acted in deference to its new policy ...
Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...
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