Finance RBI’s direction on deferment of EMI dates ambiguous, says Chidambaram Updated : March 30, 2020 06:29 PM IST He, however, welcomed the RBI's decision to slash repo and reverse repo rate by 75 bps and 90 bps respectively. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.