Live Help
Your Session Will Expire in   seconds.
What should we do?
Reset SessionCancel Session

RBI cuts repo rate by 25 basis point for first time in last 17 months

February 7, 2019
RBI has cut down repo rate by 25 basis point from 6.5% to 6.25% with immediate effect. The reverse repo rate under the LAF stands adjusted to 6.0% and the marginal standing facility rate and the bank rate to 6.5%. The decisions are in consonance with the objective of achieving the medium-term target for consumer price index inflation of 4% within a band of +/- 2 % while supporting growth.
read more
Best view in 1140 x 768