Tag Archives: Repo Rate

RBI cuts repo by 25 bps; CRR unchanged.

current bank rate,RBI,Reserve Bank Of India

  The Reserve Bank of India (RBI) on Tuesday cut its key lending rate by a quarter of a percentage point in an attempt to prop up growth in the slowing economy, drawing comfort from wholesale price inflation staying under 7%. The apex bank kept the cash reserve ratio (CRR) unchanged. RBI lowered the repo rate, at which it lends

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