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RBI cuts repo rate of 40 basis points to 4 pc, term loan moratorium extended

RBI cuts repo rate of 40 basis points to 4 pc, term loan moratorium extended

May 22, 2020, at 11:52 am

Mumbai: The Reserve Bank of India on Friday announced a cut in the repo rate of 40 basis points to bring it down to 4 percent.   

India's corporate sector welcome's RBI repo rate cut amid COVID-19 outbreak

India's corporate sector welcome's RBI repo rate cut amid COVID-19 outbreak

Mar 27, 2020, at 06:45 pm

Mumbai/IBNS: The Indian corporate sector has reacted positively to the Reserve Bank of India's decision to slash the repo rate by 75 basis points to 4.4 per cent.