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RBI Announces Cut in Repo Rate and Reverse Repo Rate - (27 Mar 2020)

BANKING

Reserve Bank of India (RBI) has announced a 75 basis points cut in repo rates, 90 basis points cut to 4% in reverse repo rate as a measure to counter the economic slowdown caused by the COVID-19 pandemic.

Tags : RESERVE BANK OF INDIA   CUT IN REPO RATE AND REVERSE REPO RATE  

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