RBI May Further Cut Repo Rate By 25 Bps To 5% In February Policy Meet: UBI Report

The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the benchmark rate down to 5 per cent, according to a report by Union Bank of India.The report highlighted that there is scope for a final 25 bps rate

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