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07Jun 2025
RBI Cuts Repo Rate and CRR to Boost Growth
RBI Cuts Repo Rate and CRR to Boost Growth Why in the News? The Reserve Bank of India (RBI) has slashed the repo rate to 5.5% and announced a 100 bps reduction in CRR in phases. This RBI interest rate decision aims to boost credit availability, reduce the cost of funds, and support economic growth …
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