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The Reserve Bank of India (RBI) has reduced the repo rate, by 50 basis points to 5.5%.
The decision was taken unanimously at the bi-monthly Monetary Policy Committee meeting headed by RBI Governor Sanjay Malhotra.
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The Reserve Bank of India (RBI) has reduced the repo rate, by 50 basis points to 5.5%.
The decision was taken unanimously at the bi-monthly Monetary Policy Committee meeting headed by RBI Governor Sanjay Malhotra.