April 26, 2024 11:18 (IST)
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Justice MB Snehalatha takes oath as additional judge of Kerala High Court | NIA arrests key accused in pro-Khalistani attack on Indian Mission in London | Plea filed in Calcutta HC seeking action against Mamata Banerjee's 'judges purchased' remark | LS polls: 88 seats across 13 states, UTs going to polls tomorrow for phase 2; 1202 candidates in fray | 'Neither shocked nor surprised': Mallikarjun Kharge writes open letter to PM Modi over Congress manifesto row
RBI cuts lending rate by 0.25%, banks and corporates react positively

RBI cuts lending rate by 0.25%, banks and corporates react positively

New Delhi, Feb 7 (IBNS): The Reserve Bank of India (RBI) on Thursday cut repo rate- the rate at which the central bank  lends money to commercial banks- by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect, evoking some positive responses from the corporate sector.