RBI Cuts Repo Rate To 6%: Guv Sanjay Malhotra Delivers Second Straight Cut To Shield Economy From Global Turmoil

The Reserve Bank of India ( RBI ) has announced a 25 basis points cut in the short-term lending rate (repo rate), bringing it down to 6.00%. This decision was revealed on Wednesday as RBI Governor Sanjay Malhotra presented the first bi-monthly monetary policy of the current finan

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