RBI cuts repo rate by 25 basis points!

Updated on: 08 Aug, 2023 03:11 PM

The newly appointed RBI Governer Urjit Patel has reduced the repo rate by 25 bps to 6.25 per cent in the fourth bimonthly policy review announced on Tuesday.

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CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2Win.in. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.