To Ensure Liquidity During COVID-19 Lockdown, RBI Reduces Reverse Repo Rate to 3.75%

Earlier, the reverse repo rate stood at 4%

April 17, 2020

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As the country fights against the Coronavirus (COVID-19) outbreak by staying home, the Reserve Bank of India (RBI) has announced the second round of monetary measures to help boost the economy which has come to a standstill during the lockdown.

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Anjana Parikh

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To Ensure Liquidity During COVID-19 Lockdown, RBI Reduces Reverse Repo Rate to 3.75%

Subscribe to Continue Reading

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