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rbi-repo-rate-cut

RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth.

RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth

Repo rate is the interest rate at which banks get loans from RBI, this means that the reduction in repo rate will make it easier for banks to take loans. 

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RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth

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