Repo Rate and CRR kept intact by RBI!

(Last Updated On: November 14, 2016) In the last policy review by the outgoing RBI Governer Mr. Raghuram Rajan, the RBI has maintained the same repo rate (the rate at which commercial banks borrows from the central bank) and Cash Reserve Ratio (CRR) as last time at 6.5 % and 4 % respectively. Source: RBI Press Release dated 9 August 2016


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