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Economy

RBI Monetary Policy: Repo rate cut by 25 basis points to 6.25%, stance changed to neutral

Updated : February 07, 2019 02:09 PM IST

This is the first policy announcement under the new RBI governor Shaktikanta Das, coming less than a week after the interim Budget.
The three-day meeting of the Monetary Policy Committee (MPC) started on February 5.

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