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In a bold and unexpected move, the Reserve Bank of India (RBI) slashed the repo rate by 50 basis points (bps) to 5.50% on June 6, offering relief to millions of borrowers across the country. This is ...
The Reserve Bank of India (RBI) surprised everyone on Friday by announcing a sharper-than-expected cut in interest rates. This decision had an immediate impact on the financial markets, including the ...