UPDATE-RBI cuts Repo Rate to 5.75%
THE REPO RATE AS ON TODAY 6/6/19-
The six-member monetary policy committee (MPC), headed by RBI Governor Shaktikanta Das, has decided to reduce key -
- Repo rate to 5.75 per cent from 6.0 per cent with immediate effect.
- The Reverse repo rate has been adjusted to 5.50 per cent, and the Bank rate to 6.0 per cent.