Repo, reverse repo rate cut by 25 bps
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4.5K views · 23 reactions | The Reserve Bank of India keeps the repo and reverse repo rate unchanged while maintaining its accommodative stance. The reverse repo rate (RBI’s borrowing rate) will remain unchanged at 3.35% while the marginal standing facility (MSF) rate will remain at 4%. RBI Governor Shaktikanta Das said that the MPC voted to maintain status quo on repo rate at 4%. | The Times of India | Facebook
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