RBI surprises, cuts repo rate by 50 bps; keeps CRR at 4% – Tv9 Gujarati

The Reserve Bank of India (RBI) lowered the benchmark repo rate by 50 basis points to 6.75 percent, while keeping CRR and SLR unchanged at 4 percent and 21.5 percent, respectively. This marks the fourth repo rate cut by the RBI since January 2015. Subscribe to Tv9 Gujarati https://www.youtube.com/tv9gujarati Follow us on Dailymotion at http://www.dailymotion.com/GujaratTV9 […]

TV9 GUJARATI

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Sep 29, 2015 | 4:52 PM

https://youtu.be/7mvEpxjetJI

The Reserve Bank of India (RBI) lowered the benchmark repo rate by 50 basis points to 6.75 percent, while keeping CRR and SLR unchanged at 4 percent and 21.5 percent, respectively. This marks the fourth repo rate cut by the RBI since January 2015.

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