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Larger-than-expected surprise: RBI cuts repo rate by 50 bps to 5.5%; EMIs to come down
Source: Buzz FX / 05 Jun 2025 21:56:33 America/Los_Angeles
Larger-than-expected surprise: RBI cuts repo rate by 50 bps to 5.5%; EMIs to come down
RBI MPC Meeting: In a big cheer for loan borrowers, RBI governor
Sanjay Malhotraannounced a more-than-expected 50 basis points repo rate cut.
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