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RBI cuts key lending rates by 25 basis points

RBI cuts key lending rates by 25 basis points

Mumbai, Aug 2 (IANS) Subdued inflation and demand prompted India's central bank, RBI, on Wednesday to reduce its key lending rate by 25 basis points (bps).

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RBI cuts key lending rates by 25 basis points

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.