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The Big RBI Reset

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The Big RBI Reset

E
ET NOW

5 Views • Oct 05, 2016

Description

The Reserve Bank of India (RBI) on Tuesday cut the short-term lending rate, or repo rate, by 25 basis points to 6.25 per cent from 6.50 per cent earlier. The fresh repo rate cut has resulted in a cumulative 175 basis points drop in policy rate since January 2015. ET NOW gets you a special report.