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Loans/EMIs To Get Cheaper As RBI Cuts Repo Rate

To surprise everyone the Reserve Bank of India today reduced the repo rates by 25 basis points or .25 percent. The RBI last lowered the repo rate in August 2017, and also the RBI changed its policy stance to neutral from tightening. The new repo rate was approved 4-2, thisĀ  move will cheer home and […]