India's Central Bank cuts lending rate by 25 basis points

The Reserve Bank of India has cut its repurchase rate to 6% from 6.25%- the lowest this rate has been since 2010.

The cut in lending rate will ensure that other banks in India follow suit and pass on the benefit to consumers. 

This comes as inflation has been well below the Central Bank's targets. 

Our India correspondent Neha Poonia reports.

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