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Loans May Get Cheaper As Shaktikanta Das-Led RBI Cuts Key Lending Rate

RBI Governor Shaktikanta Das said the decision to change the policy stance was unanimousIn a surprise move, the Reserve Bank of India (RBI) on Thursday reduced the repo rate by 25 basis points or 0.25 per cent. The central bank also changed its policy stance to “neutral” from existing “calibrated tightening”. The reduction in repo […]