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Repo Rate: Banks have reduced interest rates, now where to invest money to keep it safe and get more returns..Recently, the MPC of the Reserve Bank of India (RBI) has cut the repo rate by 25 basis points for the second consecutive time. After this cut, the repo rate is now 6 percent. After the RBI's ...
Two senior private bank officials said deposit rates are likely to fall across many banks by this month end. This means banks are ensuring that repo rate cut transmission happens. Last week ...
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