RBI cuts Repo Rate by 25bps

The Reserve Bank of India (RBI) in its fourth bi-monthly monetary policy review for year 2016-17 has cut the repo rate by 25 basis points to 6.25%. Key Reserve Ratio’s: Cash Reserve Ratio (CRR): 4% Statutory Liquidity Ratio (SLR): 20.75% Key Policy Rates: Repo rate under the liquidity adjustment facility (LAF): 6.25%. Reverse repo rate …

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