BFIs

RBI cuts interest rates for the first time in five years: A boost for economic growth

KATHMANDU: In a landmark move aimed at revitalizing India’s slowing economy, the Reserve Bank of India (RBI) has announced its first interest rate cut in five years. The central bank reduced the repo rate by 25 basis points , lowering it from 6.50% to 6.25% , signaling a shift...

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