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Bajaj Finance shares jump 5% after RBI cuts repo rate by 50 bps, CRR by 100 bps
The spike in Bajaj Finance shares came after the RBI slashed the repo rate by 50 bps and CRR by 100 bps, unlocking Rs 2.5 lakh crore in liquidity. The move is expected to lower borrowing costs for NBFCs, support loan growth, and ease margin pressures, with analysts seeing strong tailwinds for credit expansion and consumption demand.
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