The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years. The decision to cut the rate by 25 basis points, from 6.5 per cent to 6.25 per cent, was ...
The repo rate cut of 25 basis points by the monetary policy committee (MPC) of the RBI will give a long-awaited relief on interest rates and support economic growth, according to experts. Chief ...