KM Financial Solutions | India’s central bank unexpectedly slashes repo rate by 40 bps
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India’s central bank unexpectedly slashes repo rate by 40 bps

India’s central bank unexpectedly slashes repo rate by 40 bps

The Reserve Bank of India on
Friday unexpectedly slashed its key policy rate for a second
time this year, in a move to counter the economic fallout from
an ongoing nationwide lockdown to contain the spread of the
novel coronavirus.

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