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    Explained | RBI cuts repo rate by 40 basis points; what it means

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    Explained | RBI cuts repo rate by 40 basis points; what it means

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    In the special explainer, Latha Venkatesh, Banking and Commodities Editor at CNBC-TV18, discusses the measures announced by Das and its impact.

    RBI Governor Shaktikanta Das made a string of announcements on May 22 including the benchmark lending rate cut by 40 basis points and extension of the loan moratorium until August 31 to mitigate the impact of the COVID-19 crisis.
    In the special explainer, Latha Venkatesh, Banking and Commodities Editor at CNBC-TV18, discusses the measures announced by Das and its impact.
    Watch the video for more.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
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