RBI cuts repo rate cut by 75 bps to 4.4%, CRR by 100 bps to 3%: Full statement

Credit: Zee News- Published on March 27, 2020
Calling the coronavirus COVID-19 pandemic an ''unprecedented threat and invisible assassin'', the Reserve Bank of India (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...

Video credit: HT Digital Content
Published on March 28, 2020 -  04:19
Coronavirus | Sars-Cov-2 image; NEET postponed; RBI cuts repo rate: Top 10 updates
Coronavirus cases in India crossed 720. Amid the ongoing threat, here are the top ten updates on the pandemic. MHRD postponed the medical entrance test NEET in view of the pandemic. Aviation ministry extended the ban on domestic flights till 14 April. RBI reduced its repo rate to 4.4% amid the coronavirus threat. Watch the full video to know more.

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