đźđłRBI CUTS RATE FROM 6% TO 5.5%âŒïž
The India's Central Bank lowered interest rate to 5.5%đ„
A decrease from the previous rate of 6%.
This decision comes as expectations were for a rate of 5.75%.
âȘïžFebruary - 0.25% Cut
âȘïžApril - 0.25% Cut
âȘïžJune - 0.50% Cut
This is really good for the Indian Stock MarketâŒïž