RBI Cuts Repo Rate by 0.25% to Boost Sluggish Economy, Lowers GDP Forecast to 7.2%
The benchmark interest rate was cut to 6 per cent, a move that will result in lower cost of borrowing for the banks that are expected to pass it on to individuals and corporates.
from Top Business News- News18.com https://ift.tt/2VmFtXQ
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