Tag: Repo rate

Reserve Bank of India cuts repo rate by 25 basis points; first since August 2017

NEW DELHI: The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday, in a bid to boost lending and fuel growth before the general elections due in April. The RBI’s Monetary Policy Committee factored in low inflation and crude oil prices. The committee concluded its first […]

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