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RBI slashes repo rate by 25 basis points to 5.75%

RBI slashes repo rate by 25 basis points to 5.75%

The six-member monetary policy committee (MPC), headed by RBI Governor Shaktikanta Das, has decided to reduce key repo rate by 25 basis points to 5.75 per cent from 6.0 per cent with immediate effect. Watch the video.