The Reserve Bank of India (RBI) has cut the repo rate for the third time this year by 50 basis points. With the latest cut, the repo rate now stands at 5.5%. The cut in the repo rate brings cheers for ...
Repo Rate: The Reserve Bank of India (RBI) on Wednesday, August 6, kept the key policy repo rate unchanged at 5.5 per cent after a detailed assessment of the current economic and financial conditions.