RBI calls coronavirus COVID-19 threat unprecedented, cuts repo rate by 75 basis points to 4.4.% ~ Newsoutl

ZEE NEWS RBI calls coronavirus COVID-19 threat unprecedented, cuts repo rate by 75 basis points to 4.4.%

RBI calls coronavirus COVID-19 threat unprecedented, cuts repo rate by 75 basis points to 4.4.%

RBI on Friday (March 27, 2020) cut the Repo Rate by 75 basis points to 4.4 per cent and slashed Reverse Repo Rate by 90 basis points to 4 per cent as part of measures to ease the pain on banks and industries which are suffering from the lock down as he called coronavirus pandemic an ''unprecedented threat and invisible assassin''.

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RBI calls coronavirus COVID-19 threat unprecedented, cuts repo rate by 75 basis points to 4.4.%

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