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RBI cuts key lending rate to 6%

04 Apr 2019

Business

RBI cuts key lending rate to 6%

Mumbai, April 4 (IANS) In the first monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks by 25 basis points (bps) to 6 per cent.

--IANS rv/in/bc