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    HomeEnglish NewsBusinessThe Reserve Bank of India has reduced the interest rate

    The Reserve Bank of India has reduced the interest rate

    The Reserve Bank of India (RBI) has reduced the interest rate by 0.50% to 5.50%. This means that loans may become cheaper in the coming days. Your EMI will also decrease. RBI Governor Sanjay Malhotra gave information about the decisions of the Monetary Policy Committee meeting today on June 6 at 10 am. This meeting started on June 4.

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