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The Reserve Bank of India (RBI ... Understanding the difference between repo and reverse repo rate is essential for students preparing for UPSC, SSC, banking exams, or even for someone wanting ...
The central bank has not only slashed the repo rate but also shifted its policy stance from 'neutral' to 'accommodative', signaling a willingness for further rate cuts to bolster economic growth ...
The Reserve Bank of India (RBI) on Wednesday reduced the repo rate by 25 basis points, bringing it down to 6% from 6.25% earlier. Following this announcement, several leading public sector banks, ...
After the Reserve Bank of India’s (RBI) decision to cut its repo rate on Wednesday, two state-run lenders - Bank of India and UCO Bank - announced 25 basis points reduction in lending rates.