Tag: #MPC

35 bps rate cut welcomed but more needs to be done.

August 10, 2019

By Shishir Baijal, Chairman & Managing Director, Knight Frank India “In light of the present economic distress in the country, we welcome the move to bring down REPO rate by 35 bps however, we would have really expected to see a more substantial cut is the need of the hour for its effective transmission to […]

35 bps rate cut welcomed but more needs to be done.more

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

Tag: #MPC

35 bps rate cut welcomed but more needs to be done.

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

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