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RBI's Key Announcements: Loan To Get Cheaper, Relief On EMI Payment

Announcing fresh measures to mitigate the impact of COVID-19, the Reserve Bank of India (RBI) on Friday decided to slash the repo rate from 4.4 per cent to 4 per cent. The RBI also reduced the reverse repo rate to 3.35 per cent. RBI Governor Shaktikanta Das said that the central bank would continue...