Reserve Bank of India cuts Repo rate by 25 bps to 6.25%
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2016-10-05
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The Reserve Bank of India (RBI) on Tuesday cut the short-term lending rate, or repo rate, by 25 basis points to 6.25 per cent from 6.50 per cent earlier. The fresh repo rate cut has resulted in a cumulative 175 basis points drop in policy rate since January 2015. Tune in to know more.
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