RBI cuts repo rate by 0.25% in bid to spur growth

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 · Primary highlights are the 25 basis points cut in repo rate and the scrapping off of extra charges on RTGS and NEFT transfers. Business RBI cuts repo rate by 0.25% in bid to spur growth

Please refer to the Monetary Policy Statement 2013-14 dated May 3, 2013, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points from 7.50 per cent to 7.25 per cent with immediate effect.

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RBI cuts repo rate for third time in a row after GDP hit 5-year low, loans may get cheaper. The Monetary Policy Committee’s decision to cut the rate at which the RBI lends to banks by 0.25.

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Bankers say the average funds the RBI provides the market has been steady at around 1 trillion rupees ($16.2 billion) a day since the repurchase (repo) rate was cut by 25 basis points. or the.

 · RBI monetary policy review: In a big boost to the Indian economy and loan takers, the Reserve Bank of India (RBI) governor raghuram rajan today cut repo rate.

4/5/2019 RBI rate cut to spur investment amid "growth concerns": Industry chambers – Times of India. The Reserve Bank Thursday lowered the key interest rate by 0.25 percentage points to 6 per cent, the second cut in a row, in an attempt to propel. 4/5/2019 RBI cuts repo to 6%, industry urges more rate.

 · RBI cuts repo rate by 25 bps; is it time to alter your debt mutual fund strategy? 4 Apr, 2019, 11.59AM IST With yet another 25-basis-points cut in policy rates today, the RBI offered two consecutive rate cuts as debt market pundits had predicted.