RBI Reduces Interest Rates By 0.25%
RBI Reduces Interest Rates By 0.25% General Studies Paper III: Fiscal Policy, Inclusive Development Why in News? Recently the Reserve Bank of India announced to reduce the repo rate by 5.50% to 5.25%.The move came after a three-day Monetary Policy Committee (MPC) meeting, signalling a strategic shift toward cheaper credit as inflation moves to multi-year […]
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