RBI likely to reduce repo rates by 50 bps on June 6 to support growth: SBI

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The Reserve Bank of India (RBI) is expected to announce a 50 basis points (bps) cut in the repo rate in its upcoming monetary policy announcement on June 6, according to a report by the State Bank of India (SBI).

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RBI likely to reduce repo rates by 50 bps on June 6 to support growth: SBI

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