India’s MPC Cuts Repo Rate To 4% In Second Emergency Move
The RBI logo is displayed outside its headquarters in Mumbai, on March 3, 2020. (Photographer: Kanishka Sonthali/Bloomberg)

India’s MPC Cuts Repo Rate To 4% In Second Emergency Move

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India’s Monetary Policy Committee cut interest rates following an emergency meeting citing sharp weakness in the Indian economy. This is the second emergency rate cut since the Covid-19 crisis hit ...