RBI cuts repo rate by 40bps to 4% (update 22-05-2020 Today)
RBI cuts Repo rate by 40 bps to 4% & reverse repo rate to 3.35%; FY21 GDP growth seen in negative territory. Earlier announced moratorium extended by additional 3 months.
RBI cuts Repo rate by 40 bps to 4% & reverse repo rate to 3.35%; FY21 GDP growth seen in negative territory. Earlier announced moratorium extended by additional 3 months.