RBI Cuts Key Lending Rate To 4% From 4.4%

RBI Governor Shaktikanta Das announces a cut in the repo rate by 40 basis points to 4 per cent, in a move that will allow banks more room to lower the EMI burden for their customers. The RBI Governor also says GDP growth is expected to be in the negative territory in financial year 2020-21. Industry experts, economists and market experts share their views on the latest RBI moves.

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