RBI Cuts Repo Rate by 25 Basis Points; Rate Reduced to 5.25%
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has announced a reduction in the repo rate. Following the final policy meeting of the year, RBI Governor Sanjay Malhotra on Friday declared that the repo rate has been cut by 25 basis points, bringing it down from 5.50% to 5.25%. The MPC meeting began […]
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