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RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper

RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper

The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.

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