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RBI cuts repo rate by 25 bps to 6.25%, 1st cut since Aug 2017
short by Arshiya Chopra / on 07 Feb 2019,Thursday
The Reserve Bank of India, for the first time since August 2017, has cut the repo rate by 25 basis points to 6.25% during its bi-monthly monetary policy review. Meanwhile, the reverse repo rate stands adjusted at 6%. This is the first policy review under the newly appointed RBI Governor Shaktikanta Das, who took over after Urjit Patel's exit.
short by Arshiya Chopra / 12:22 pm on 07 Feb
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