RBI’s rate reduction
RBI takes Stabilised Approach this review
In a much anticipated and steadied move, the RBI kept rates unchanged in its last bi-monthly policy review for the calendar year. The key rate (Repo Rate) remains at 6.75 percent, Reverse Repo Rate at 5.75 percent, Cash Reserve Ratio (CRR) at 4 percent and Statutory Liquidity Ratio (SLR) at 21.5 percent respectively. Since its […]
