Monsoon clouds future rate cuts

Here's why RBI decided to cut the repo rate by 25 basis points on Tuesday

Business Standard New Delhi

Last Updated : Jun 03 2015 | 5:08 PM IST

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The Reserve Bank of India (RBI) delivered its third interest rate cut since January, which brought down the repo rate to 7.25 per cent - from a high of 8 per cent in December 2014.

Here's why RBI decided to cut the repo rate by 25 basis points on Tuesday:

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