Borrowing Current Affairs, GK & News
Monetary Policy tweaks by RBI
The Reserve Bank of India (RBI) reduced the interest rate by 35 basis point (0.35%). This is the fourth successive reduction in the repo rate. What is the repo rate? The repo rate is the rate at which the RBI lends to the banks of the country. Repo rate is one of the sources of ..
Category: Economy & Banking Current Affairs - 2022
Topics: Borrowing • Inflation • Lending • MPC • RBI • Repo Rate