UPDATE-RBI cuts Repo Rate to 5.75%

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THE REPO RATE AS ON TODAY 6/6/19-
The six-member monetary policy committee (MPC), headed by RBI Governor Shaktikanta Das, has decided to reduce key -
  • Repo rate to 5.75 per cent from 6.0 per cent with immediate effect. 
  • The Reverse repo rate has been adjusted to 5.50 per cent, and the Bank rate to 6.0 per cent. 

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