RBI governor Shaktikanta Das ease bank credit, reverse repo rates

RBI governor Shaktikanta Das ease bank credit, reverse repo rates: RBI Governor Shaktikanta Das unveiled the measures to ease liquidity and bank credit and to support the economy and enable normal functioning of markets, as part of the economic relief to mitigate the fallout of coronavirus lockdown.  He cut the reverse repo rate by 25 basis points to 3.75%, while keeping the repo rate unchanged, in emergency measures to provide more relief to an economy fighting the fallout of coronavirus.

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