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RBI Lowers Bank Rate to 6.50%, Adjusts Penal Interest Rates
Reserve Bank of India (RBI) has reduced the Bank Rate by 25 basis points, lowering it from 6.75% to 6.50%, effective immediately. This revision follows the announcement in the Monetary Policy ...
What the Bank Rate cut means for your mortgage, savings, pensions and investments
In its latest Monetary Policy Committee meeting, the Bank of England voted to cut the Bank Rate to 4.5pc ...