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Repo rate cut by 25bps at 5.15%, why aren't banks passing on benefits? | Nation Now
Posted
October 4, 2019
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as posted by the channelOn Nation Now, RBI Governor Shaktikanta Das decided to cut the repo rate for the fifth time in a row to give a further boost to consumption and private investment in a bid to revive growth as inflation remained within the central bank's comfort level. The RBI cut the repo rate by 25 basis points to 5.15% while keeping its stance accommodative. But why aren't the banks passing on the benefits?
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