Impact of RBI Rate Cut on Your Investments and Loans
RBI (Reserve bank of India) has cut the Repo Rates by 0.25% (25 basis points) from 6.25% to 6.00% in its latest monetary policy presented on April 4, 2019. In case you were wondering what Repo rate means, Repo rate is the rate at which the RBI lends money to banks. So if Repo rate comes down […]
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