RBI Policy

10 Sep 2020

RBI Rate Cut May 2020 – Good for Government Bonds, AAA PSU Bonds No Relief for Credit Markets

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RBI cut rates by 40bps to bring the repo rate to record lows of 4% and reverse repo rate to 3.35%. The central bank guided for more actions if necessary to protect the financial system and markets.

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Arjun Parthasarathy
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