Diabytes
Live coverage of RBI monetary policy News
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The cut in the repo rate by RBI will help in lowering interest rate for individual and corporate borrowers. It will thus make home, auto and corporate loans cheaper.
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Here are the experts' comments on RBI Monetary Policy Review.
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In line with record low retail inflation, the RBI cut policy repo rate by 25 basis points to 6 percent and the reverse repo by similar proportion to 5.75 percent.
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Here is the full text of RBI Monetary Policy Review
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