Tag: #CPI

RBI

The RBI decreases its repo rate by 35 basis points, fourth consecutive time in 2019.

August 7, 2019

By Abhay Shah, Realty Quarter On Wednesday, the Reserve Bank of India (RBI) reduced the repo rate by 35 basis points from its present 5.75% to 5.40%. The reverse repo rate is also cut to 5.15%. Repo rate is the price at which commercial banks are provided with money from the RBI. A repo rate reduction enables banks […]

The RBI decreases its repo rate by 35 basis points, fourth consecutive time in 2019.more