RBI has cut the repo rate by 50 bps wef NOV 3.
It has also initiated a 2 stage CRR cut.
1st stage CRR cut of 50 bps would be effective from OCT 25.
2nd stage CRR cut of another 50 bps would be effective from NOV8.
SLR has been cut by 100 bps at 24% wef NOV8.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment