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Tag: RBI rate cut

RBI Trims Interest Rate 25bps as Global Headwinds Mount

RBI cuts CRR to 4%, keeps repo rate unchanged, FY25 GDP target revised lower to 6.6%

Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) in its Dec 2024 meeting, voted with 4:2 majority to keep the repo rate unchanged at 6.50% and maintained the monetary
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