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RBI Slashes Repo Rate by 50 Basis Points to 5.5% Amid Easing Inflation; Relief for Homebuyers, Boost for Economy
Cash reserve ratio also cut by 100 bps; ₹2.5 lakh crore liquidity infusion planned
RBI Repo Rate
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RBI Cuts Repo Rate to 6%: EMIs Set to Drop, Loans to Become Cheaper
New Delhi – In a welcome move for borrowers, the Reserve Bank of India (RBI) on Wednesday announced a 25 basis point…