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  • RBI cuts Repo Rate by 50 bps. New policy rates are : Repo rate under the liquidity adjustment facility (LAF) to be 6.75%;  the Reverse repo rate to be 5.75%, and the marginal standing facility (MSF) rate and the Bank Rate at 7.75%. CRR continues to be at 4% as per RBI announcement on Sixth Bi-monthly Monetary Policy Statement for 2015-16 on February 2, 2016.

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