Page-6 of Repo Rate Current Affairs, GK & News

State of Automobile Industry in India

The Indian Auto Industry is in a really bad shape right now as cars have plummeted over 30% year on year and this has to lead to manufacturers to cut back on production. A cut-back means that job-losses are inevitable. As per Industrial estimates, over 3.5 lakh jobs have been lost in the downturn and ..

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RBI reduces repo rate by 35 basis points to 5.40%

Reserve Bank of India (RBI) in its third Bi-monthly Monetary Policy review for financial year 2019-20 has reduced its key policy rate (repo rate) by an unorthodox 35 basis points to 5.40%. This takes the benchmark lending rate to a nine-year low. It was overall fourth consecutive interest rate cut this year, bringing down repo ..

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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 ..

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RBI Monetary Policy review: Repo rate lowest since 2010

The Reserve bank of India (RBI) in its bi-monthly monetary policy review reduced repo rate by 25 basis points to 5.75% from current 6.0% with immediate effect. This is RBI’s third cut this year and has reduced Repo rate at lowest since 2010. Key Highlights With Repo Rate adjusted to 5.75%, consequently Reverse Repo Rate ..

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RBI Monetary Policy Review

The Reserve Bank of India (RBI) has announced the second bi-monthly monetary policy statement for 2019-20. The key decisions reflected in the Monetary Policy statement are: Repo rate reduced to 5.75 per cent from the current 6per cent. Similarly, the reverse repo rate under the Liquidity Adjustment Facility (LAF) stands adjusted to 5.5% and the ..

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