Supreme Court: Amalgamating Company Loss Cannot be Set Off Against Amalgamated Income  ||  Supreme Court: Hostile Witness Deposition Admissible to the Extent it is Found Credible and Reliable  ||  SC Upholds Penalty on Bank For Delay in Cheque Presentation under Consumer Protection Act  ||  Karnataka High Court Orders Strict Statewide Implementation of Menstrual Leave Policy  ||  Delhi HC: Emergency Arbitrator Awards are Not Binding on Indian Courts in Interim Relief Proceedings  ||  Del HC Imposes ?10L Fine on Parle Agro For Non-Disclosure of Sales Revenue in Pepsico Trademark Case  ||  Supreme Court: Spouse Cannot Withdraw Consent for Mutual Divorce After Settlement Agreement  ||  Supreme Court Suspends PC Act Sentence of Former Minister Anosh Ekka, Flags Overlapping CBI Cases  ||  Supreme Court: Magistrate’s Probe Order Can’t be Quashed on Accused’s Defence  ||  Delhi High Court: No Adverse Inference if Handwriting Sample Refused Without Section 73 Disclosure    

Repo rate cut by 50 basis points to 6.75 per cent- (Reserve Bank of India) (29 Sep 2015)

MANU/RMIC/0360/2015

Banking

The Reserve Bank of India lowered the rate at which it lends money to banks by 50 basis points, from 7.25 per cent to 6.75 per cent. However, no changes were made to the 4 per cent Credit Reserve Ratio or 21.5 per cent Statutory Lending Rate. The Bank also revised its growth target for the 2015-2016 Financial Year from 7.6 per cent to 7.4 per cent.

Relevant : Bank Rate adjusted MANU/RMIC/0361/2015

Tags : RBI   REPO   RATE   CUT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved