Tag: RBI

RBI cuts repo rate by 25 base points to 6% from 6.25%

RBI cuts repo rate by 25 base points to 6% from 6.25%

Mumbai: In the first monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks by 25 basis points (bps) to 6 per cent. Muted growth and subdued inflation prompted the Reserve Bank of India (RBI) on Thursday[Read More…]

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