RBI cuts repo rate by 40 basis points, extends loan moratorium till August

Video credit: HT Digital Content
Published 1 week ago - Duration: 03:38s

RBI cuts repo rate by 40 basis points, extends loan moratorium till August

RBI slashed its key policy rate for a second time this year.

It cut the repo rate by 40 basis points to 4%.

The reverse repo rate was also reduced by 40 basis points to 3.35%.

RBI also announced a further extension on moratorium on loans by another three months.

Watch the full video for more details


You are here

Related videos from verified sources

RBI cuts repo rate by 40 basis points extends loan moratorium till August 03:38
Video credit: LiveMint - Published 6 days ago 

Equity indices in red after RBI rate cut, banking stocks down as loan moratorium extended 01:14
Video credit: ANI - Published 1 week ago 

You might like