Central Bank of India cut policy rate by 25 bp to 5.15%

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The Central Bank of India (RBI) cut its policy rate by 25 basis points to 5.15% in line with INREPO = ECI expectations.

At its fifth consecutive meeting, the RBI cut interest rates, thereby boosting efforts to recover economic growth, which was at the bottom of six years.

RBI also maintained its “supportive yaklaşım approach and said it would continue to büy as long as necessary için to stimulate growth.

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