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RBI Cuts Repo Rate, Extends Relief on Loan Repayment by Another 3 Months Amid COVID-19

The repo rate has now been reduced to 4%

May 22, 2020

/ Anjana Parikh
/ Markets & Policy, Solar
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The Reserve Bank of India (RBI) announced the third round of monetary measures to boost the economy amid the lockdown caused by the Coronavirus pandemic.

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Anjana Parikh

More articles from Anjana Parikh.
basis pointsCoronavirusCOVID 19DefermentmoratoriumRBIreverse repo rateworking capital facilities
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