RBI slashes repo price by 50 foundation factors, third reduce in a row to spice up progress

RBI slashes repo price by 50 foundation factors, third reduce in a row to spice up progress

The Financial Coverage Committee (MPC) has determined to cut back the repo price, the speed at which the Reserve Financial institution of India (RBI) lends cash to industrial banks, by 50 foundation factors to five.5% with speedy impact learn extra RBI Governor Sanjay Malhotra has introduced that the Financial Coverage Committee (MPC) has determined to…

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