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RBI hikes repo rate by 25 basis points to 6.5%

RBI hikes repo rate by 25 basis points to 6.5%

Mumbai, Aug 1 (IANS) The Reserve Bank of India (RBI) on Wednesday raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19.

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RBI hikes repo rate by 25 basis points to 6.5%

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