India’s central bank unexpectedly slashes repo rate by 40 bps
21 May India’s central bank unexpectedly slashes repo rate by 40 bps
Posted at 05:00h
in
News
by KMFSLLP
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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