TNPSC Thervupettagam

250 basis points cut

July 13 , 2020 1470 days 977 0
  • The Reserve Bank of India (RBI) has cut the repo rate by 135 basis points since February 2019 till the onset of COVID-19.

  • After the onset of Covid 19, the Monetary Policy Committee (MPC) has decided to cut the policy repo rate by 115 basis points.

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