RBI cuts repo rate by 25 bps

RBI slashes repo rate by 25 bps
Photo courtesy: Times Now

RBI announced a reduction in the repo rate to 6 per cent, a level last seen in the first half of last year. The RBI cutting the repo rate today is good news for borrowers as EMIs are likely to go down for retail borrowers.

Source: opinion

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  • 4 Apr 2019
  • WerIndia

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