Reserve Bank of India Cuts Repo Rates by 25 Basis Points
Recently, the inflation rate for India’s economy was announced, shocking ministers, experts, and laymen alike. In October, India recorded an inflation of 0.25%, down from 1.4% in September. This inflation is very low and could negatively affect the economy. Keeping that in mind, the Reserve Bank of India has announced a 0.25 basis point cut…