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​Key RBI announcements: 25 bps rate cut, ATM charge review and no NEFT RTGS transaction charge

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In a unanimous decision by Monetary Policy Committee, the RBI on Thursday cemented its position as Asia’s most dovish central bank with a third straight interest-rate cut. It also changed its stance from neutral to accommodative keeping hope for a further rate cut. ​RBI also removed charges for payments via NEFT and RTGS and asked banks to pass on the benefits to customers. Here are key highlights of the RBI Governor, Shaktikanta Das press conference. Watch

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