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1.The announcements by the RBI will improve liquidity, reduce cost of funds, help middle-class and businesses, says Modi
2.The central bank cuts the repo rate by 75 basis points to 4.4% with immediate effect in an unscheduled meeting
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The RBI had decided to sanitize all the currency notes to prevent the infection of Corona Virus. Since, notes are paper (a thing) on which the virus can lay. It will help the people to be safe and healthy.
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