THE JHARKHAND STORY DESK   Mumbai, Dec 5: The Reserve Bank of India (RBI) has decided to cut the policy interest rate (repo rate) by 0.25 percentage points following the meeting of the Monetary Policy Committee (MPC). With this reduction, the repo rate has come down from 5.50% to 5.25%. Earlier, the RBI had reduced … Continue reading RBI cuts repo rate by 25 bps, lowers inflation forecast and raises growth outlook