RBI cuts repo rate by 25 basis points to 5.75 pc

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The Reserve Bank of India (RBI) on Thursday lowered the repo rate for commercial banks by 25 basis points (bps) to 5.75 per cent, the lowest in the past nine years. This is the third reduction in repo rate in 2019. The RBI in April lowered its key lending rate by 25 bps to 6 per cent.

RBI cuts interest rates for third time this year to boost growth Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 per cent Thursday.

Mumbai, Jun 6 (UNI) In line with expectation, Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis points (bps) to 5.75 per cent with immediate effect in its second bi-monthly monetary policy, announced by RBI Governor, Shaktikanta Das. This was the third straight interest rate cut by the apex bank.

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The Reserve Bank of India (RBI) on Friday lowered the repo rate for commercial banks by 25 basis points (bps) to 5.75 per cent, the lowest in.

Read more about RBI cuts repo rate by 25 basis points to 5.75 pc, shifts policy stance to accommodative on Business Standard. The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.The six-member monetary policy committee (MPC)

Reserve Bank of India cuts repo rate by 25 bps to 5.75%. The monetary policy committee (MPC) of the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points (bps) to 5.75 per cent in.

RBI cuts repo rate by 25 basis points to 5.75 pc. Jun 06, 2019. Mumbai (Maharashtra) [India], june 6 (ani): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.

Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis points ( bps) to 5.75 per cent with immediate effect.

RBI's Monetary Policy Meet today; market expects 25-basis point cut in key. has decided to reduce key repo rate by 25 basis points to 5.75 per.