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RBI reduces repo rate by 25 basis points to 5.75%
(G.N.S) Dt. 6 New Delhi/Mumbai Major decission by RBI, Reserve Bank of India (RBI) has reduced repo rate by 25 basis points (bps) to 5.75 per cent. This is the third straight reduction in the rates. By this step of RBI loan EMIs (equated monthly instalments). The last time the