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RBI unexpectedly lowers benchmark rates

The Reserve Bank of India (RBI) lowered the interest rates in the policy meeting which saw Shaktikanta Das debut as the new governor of the RBI, according...

RBI cuts repo rate by 25 bps to 6%

August 2, 2017 The Reserve Bank of India (RBI) announced interest rate cut today by reducing the repo rate by 25 bps to 6% from...