RBI cuts repo rate from 6.25% to 6%, Governor Shaktikanta Das addresses media

The RBI Monetary Policy Committee (MPC) in its first bi-monthly credit policy meeting for the current financial year decided to cut the repo rate- the rate at which the apex bank lends short-term money to lenders- by 25 basis points to 6% from 6.25% earlier.
RBI Governor Shaktikanta Das addresses media on the repo rate cut.

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