RBI cuts interest rates

Name: RBI cuts interest rates
Uploaded: 2019-03-02T02:28:55+00:00
Duration: 82 s
Channel: NewsX
Description: The Reserve Bank of India Wednesday cut repo rate by 25 basis points to 7.5 percent, signaling that it was convinced by the fiscal consolidation measures announced in the Budget. The RBI has kept the ...

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The Reserve Bank of India Wednesday cut repo rate by 25 basis points to 7.5 percent, signaling that it was convinced by the fiscal consolidation measures announced in the Budget. The RBI has kept the cash reserve ratio (CRR) unchanged at 4 percent.<br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive