RBI MPC met from March 24-27

RBI MPC met from March 24-27

27 Mar 2020 10:24 AM
 

- Repo rate cut by 75 bps to 4.4%
- Reverse Repo rate cut by 90 bps to 4%
- MPC Voted 4:2 in favour of cut
- LAF cut by 90 bps to 4%
- No targets for growth and inflation due to dynamic and uncertain situation