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0.25% reduction in repo rate by RBI

By
Dhrumit Thakkar
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496
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(G.N.S) Dt. 7 New Delhi/Mumbai The Monetary Policy Committee of the Reserve Bank of India (MPC) decided to cut the repo rate by 0.25%. With this, repo rate now decreases from 6.50% to 6.25%. Four out of six MPCs supported the cut in the repo rate, while two other members,

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