RBI cuts repo rate by 25 basis points!

The newly appointed RBI Governer Urjit Patelhas reduced the repo rate by 25 bps to 6.25 per cent in the fourth bimonthly policy review announced on Tuesday.

Source:http://www.thehindu.com/business/Economy/rbi-cuts-repo-rate-by-25-bps/article9183912.ece

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