RBI cuts repo rate to 5.15%, lowest in 9 years; FY20 GDP growth estimates slashed to 6.1 percent amid weak demand

RBI cuts repo rate to 5.15%, lowest in 9 years; FY20 GDP growth estimates slashed to 6.1 percent amid weak demand The MPC hints at more rate cuts in the coming months to help the economy gather pace as inflation remains firmly bottled up

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