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Friday, 27 March 2020

RBI cuts key policy rates: Highlights

Reserve Bank of India (RBI) governor Shaktikanta Das on Friday announced a 75 basis points cut in its policy repo rate to deal with the impact of deadly coronavirus outbbreak on the economy. The reverse repo rate were reduced by 90 basis points to 4%.

from Times of India https://ift.tt/3bynOnF

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