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Your home, personal, auto loans to be cheaper! RBI minimises Coronavirus impact with repo rate cut


RBI Repo Rate 2020: In the year 2019, RBI had moved swiftly and had cut the repo rate by 135 basis points.

Repo Rate in India: In a bid to encourage growth and tide over the disruptions caused by COVID-19, the Reserve Bank of India (RBI) today cut the repo rate by a massive 0.75 per cent, to 4.4 per cent from 5.15 per cent earlier. In February 2020 and before that in December 2019, the RBI had kept the policy repo rate unchanged. However, overall, in the year 2019, the RBI had moved swiftly and cut ...


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