×
SEARCH
English
हिन्दी
தமிழ்
मराठी
తెలుగు
മലയാളം
ಕನ್ನಡ
ગુજરાતી
News
Astrology
Bollywood
Sports
Blogs
Yoga
Yogasana
Yoga Sutra
Health
Health Articles
Health expert’s comment
Cricket
Popular
News
Astrology
Bollywood
Sports
Blogs
Yoga
Health
Cricket
Popular
Reserve Bank of India cut Repo Rate by 25 bps
Friday, 4 October 2019 (12:52 IST)
Mumbai
:In line with expectation, the Reserve Bank of India (RBI) on Friday cut the Repo rate by 25 basis points (bps) to 5.15 per cent.
Consequently, the reverse repo rate now stands at 4.9 per cent. This was fifth time in a row the RBI slashed the repo rate.
Repo rate is the rate at which the central bank lends money to the commercial banks, in case of any shortfall in funds.
(UNI)
Read on Webdunia
News
Bollywood
Astrology
Lifestyle
Related Article
Mission Chandrayan unaccomplished after ISRO loses contact with lunar spacecraft
RBI approves transfer of Rs 1,76,051 crore to Govt
Reserve Bank of India cuts repo rate by 35 bps
RBI cuts Repo Rate by 25 BPS to 5.75 pc
RBI cuts Repo rates by 25 bps to 6 pc
Top News
Jharkhand Assembly Election Result 2024: INDI alliance wins absolute majority
Kerala: Priyanka Gandhi wins Wayanad Lok Sabha by-poll by over 4 lakh votes; pledges to be their voice in Parliament
Israeli airstrike targeting Hezbollah commander kills 11 in central Beirut
Must Read
Landslides and mudslides: Can they be prevented?
Fungi are adapting to body heat — a 'doomsday scenario'
Could a Syrian war criminal be attending Paris Olympics?
Open in App
x