TNPSC Thervupettagam

Monetary Policy Review

June 7 , 2019 2027 days 810 0
  • In its bi-monthly monetary policy review, the Reserve bank of India (RBI) has reduced repo rate by 25 basis points to 5.75% from current 6.0% with immediate effect.
  • This is RBI’s third cut this year.
  • This is also the lowest repo rate at lowest since 2010.

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