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RBI Monetary Policy Committee cuts repo rate by 25 basis points to six per cent

RBI Monetary Policy Committee cuts repo rate by 25 basis points to six per cent

Aug 02, 2017, at 08:50 pm

Mumbai, Aug 2 (IBNS): The Reserve Bank of India (RBI) Monetary Policy Committee cut the repo rate by 25 basis points to six per cent on Wednesday at its third bimonthly policy review, according to media reports.