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RBI Reduces Repo Rate by 25 basis points to 7.5% | Interest Rates Cut Down by RBI

Dear Friends ,Today RBI is announced to reduced key policy rates.RBI Reduces Current Repo rate  by 25 basis points.

Reserve Bank of India (RBI) governor Mr. Raghuram Rajan said that low capacity utilization forced RBI to reduce policy, this will improve overall production levels. This decision came after the agreement between RBI and Central government to bring the inflation rate to 6% (band of 2%).
Now it's clear that Narendra Modi and RBI is in same direction of growth and price stabilization.
RBI Reduces Repo Rate by 25 basis points to 7.5% | Interest Rates Cut Down by RBI
RBI Reduces Repo Rate by 25 basis points to 7.5% | Interest Rates Cut Down by RBI

Rate % Effective from
Bank rate 8.50% 4th March 2015
Repo arte 7.50% 4th March 2015
Reverse Repo rate 6.50% 4th March 2015
Cash reserve ratio (CRR) 4.00% 9th February 2015
Statutory Liquidity ratio (SLR) 21.50% 3rd February 2015
Marginal standing facility(MSF) 8.50% 4th March 2015
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