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- even though the industrial sector continues to struggle, which is partly due to a debt overhang.
Reserve Bank of India governor Raghuram Rajan on Wednesday brought down its key policy rate by 25 basis points citing that the fiscal consolidation was better than what numbers show and that the.
Reserve Bank of india’s Monetary policy Committee (MPC) cut the repo rate by 25 basis point bringing it down to 5.75 percent. This is the third consecutive cut by the central bank in five months.
The six member Monetary Policy Committee, headed by RBI Governor Shaktikanta Das. Shaktikanta Das voted in favour of the decision to reduce the policy repo rate by 25 basis points. Chetan Ghate and.
The six-member MPC cut the repo rate to 6.00 percent as predicted by 57 of 67. by commercial banks only reducing their lending rates by a token 5-10 basis points after the RBI’s last 25 bps cut in.
MUMBAI: Reserve Bank of India is likely to cut repo rate by 25 basis points in the April policy due to weak economic activity, benign inflation and soft global growth, says a report. The monetary.
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