RBI cuts reverse repo rate by 25 bps to 3.75%
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In a bid to address the economic concerns due to COVID-19, the Reserve Bank of India (RBI) Governor Shaktikanta Das today slashed the reverse repo rate by 25 basis points to 3.75 per cent, repo rate remains unchanged at 4.40 per cent. Last month, the RBI had advanced its monetary policy committee (MPC) meet where … Continue reading The post RBI cuts reverse repo rate by 25 bps to 3.75% appeared first on The Bloggers Diary - The Diary of a Blogger.
