Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Economy

RBI Monetary Policy: MPC cuts repo rate, reverse repo rate by 25 bps

Updated : April 04, 2019 01:55 PM IST

The reverse repo rate has also been adjusted to 5.75 percent. The central bank maintained the stance to neutral.
The repo rate is back at 6 percent after a year.
Four out of six members were in favour of the 25 bps rate cut while five out of six members were in favour of keeping the maintaining the neutral stance.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV