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

PUBLISHED ON MAY 22, 2020 04:19 PM IST
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
About The Video

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

[RELATED VIDEOS]

SHARE
Story Saved