RBI Cuts Repo Rate to 4.4% to Boost Economic Activity Amid Coronavirus Pandemic

An additional amount of ₹1.37 trillion will give comfort to the banking system, says RBI governor

March 27, 2020

/ Anjana Parikh
/ Finance and M&A, Other
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As the country grapples with the Coronavirus (COVID-19) outbreak, the Reserve Bank of India (RBI) today announced that the repo rate has been reduced by 75 basis points (bps) to 4.4%.

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Anjana Parikh

More articles from Anjana Parikh.
capital conservation buffercash reserve ratioCoronavirusCOVID 19liquidityMarginal Standing Facilityrepo rateReserve Bank of India
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