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While a reduction in the repo rate was anticipated in the latest Monetary Policy Committee (MPC) meeting, the 50 basis point cut came as a surprise. From February 2023 to February 2025, the repo rate ...
The Reserve Bank of India (RBI) announced on Friday, December 5, that it has reduced the repo rate by 25 basis points to 5.25%, as inflation slid to historic lows and the rupee continued to weaken.
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