COVID-19 outbreak: Repo rate cut by 75 basis points to 4.4%, says RBI Governor
Last Updated : Mar 27 2020 | 12:06 PM IST
Mumbai, Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said that Repo rate has been reduced by 75 basis points to 4.4%. Reverse repo-rate reduced by 90 basis points to 4%. "Repo rate has been reduced by 75 basis points to 4.4%. Reverse repo-rate reduced by 90 basis points to 4%," said Das while addressing press conference.