#Corona Effect: RBI Key decision - RBI cuts reporate and BPS Points to 0.75%

NEW DELHI: The  Reserve Bank of India  (RBI) has taken a number of key decisions in the  wake of the coronation drive across the country   ...

NEW DELHI: The Reserve Bank of India (RBI) has taken a number of key decisions in the wake of the coronation drive across the country   The key repo rate was cut by 75 basis points. As well as the 3 month moratorium on all types of loans. Governor Shaktikantha Das held a media briefing on Friday. He said measures were being taken to ensure economic stability and that inflation was under control. If the EMIs are not paid for the next three months, there is no shortage and now there is the possibility of cutting back on loans. The governor assured that this would not affect the borrowers' sybil score.

Governor Shaktikantha Das said the media had to talk to the media about the inevitable situation like corona virus and lockdown. He said that the Indian banking system is safe and that we are currently facing an extraordinary threat. He said the tough conditions would not last and it was time to take steps to foster economic stability. Crude oil prices in the international market have been good. Markets have been hit by the sale of shares at once. 
He said the leveraged policy decision to be announced in April is ahead. Against this backdrop, the Monetary Policy Committee, which met on March 24, 26 and 27, discussed macroeconomic and microeconomic conditions. Accordingly, the MPC has decided to reduce the repo rate by 75 points. This brought the current repo rate to 4.40 per cent. The reverse repo rate is expected to be 4 per cent with a cut of 90 bps. The RBI, in its wake, has announced an early rate cut.

COMMENTS

Name

118 telugu movie,1,Adithya Varma,1,advanced insurance plans,1,afcat 2019,1,agriculture insurance,1,airtel,1,alagappa university result Alagappa University,1,Anna univeristy,3,anna univeristy news,2,anna univeristy results,2,Anna univeristy transcripts,1,anna university,5,anna university student login,1,Antariksham 9000 kmph,1,Ashwaththama Telugu movie Leaked Online,1,Atal Bhujal Yojana,1,auto,4,bank holidays,1,bank loans,1,Banking,12,bigg boss kannada,1,budget,1,business,41,car insurance documents,1,car theft insurance,1,cbse exam result date,1,china,1,choosing health insurance,1,coronavirus,1,cyber defense insurance,1,cyclone,1,Dhillukku dhuddu 2,1,education,29,entertainment,4,Entrepreneurship,1,facebook,1,farmers got cheated,1,February 8,1,financial plans,1,financial support,1,Get Latest Telugu movies: Watch Online Telugu movies 2019,1,Getmyuni,1,global health insurance,1,google,1,google cloud vps,1,government farmers insurance,1,government insurance loss,1,government jobs,1,Group D result,1,hall ticket,1,Happy Diwali Naraka Chaturdashi Images,1,health,23,health insurance,2,Health insurance certified plans,1,Health insurance floater plan,1,health insurance online,1,health insurance payment,1,health insurance schemes,1,Himansh Verma,1,hit movie,1,honda amaze,1,hot bf sexy video,1,hot dance video,1,HSSC Recruitment 2020,1,https://www.nabard.org/careers-notices.aspx,1,idea,1,idra,1,insurance,4,insurance advice,1,insurance clams,1,Insurance Companies Cheated,1,insurance loss,1,insurance news,3,insurance premium,1,insurance safety,1,irda insurance,2,isro recruitmnet,1,jaanu,1,JIPMER 2019 registration,1,jobs,4,kanulu kanulu dochayante,1,kgf,1,kgf movie rating,1,Kumbalangi Nights,1,last date,1,lic insurance,1,life insurance,1,Luka Chuppi,1,maari 2,1,Madhyamik Result,1,Maha Shivratri,1,malayalam movie,1,mari 2,1,mobile insurance,1,movie news,1,movie review,1,movie reviews,4,movierulz,1,msbte exam form,1,msbte project competation 2020,1,msbte result,1,Navratri Diet,1,new health insurance,1,New insurance policy,1,New rules,1,NEWS,139,nnc,22,nnc1,8,nnc2,6,nokia 9,1,Om prakash singlaFraud caseonline cheatinginsurance fraud,1,oppo k1,1,Oru Adaar Love Malayalam movie,1,Padi Padi Leche Manasu,1,panga movie download,1,panga movie review,1,panga movie wiki,1,petta,1,phethai,1,Photos,1,pongal,4,premium insurance loss,1,Propose Day,1,railway group d result,1,railway group d result 2019,1,review,1,RRB Group D,1,RRB Group D Result,1,RRB Group D Result 2018,1,rrb group d result 2019,1,RRB Result,1,Sarileru Neekevvaru,1,sbi,1,sci-tech,10,Shaunak Chakraborty,1,Sonu Nigam,1,spicejet free tickets,1,sports,28,ssc je,1,Status Quotes Online,1,stock market,1,stockmarket,1,student travel insurance,1,tamil movie,1,tamil mv,1,tamil rockers,1,tamilrockers,27,Tamilrockers 2019,1,tamilrockers new movies,1,TATA Motors,1,tax news,1,tech,11,technology,9,telugu movies,1,torrentz,1,torrentz2,2,travel insurance,1,vodaphone,1,Weather in Delhi,1,wedding ceremony insurance,1,West Bengal Police constable recruitment,1,What The Love,1,whatsapp,1,WhatsApp wishes,1,World Famous Lover,1,
ltr
item
Today's Latest news, Know What's happening in India- with Timesnowindia.com: #Corona Effect: RBI Key decision - RBI cuts reporate and BPS Points to 0.75%
#Corona Effect: RBI Key decision - RBI cuts reporate and BPS Points to 0.75%
https://1.bp.blogspot.com/-cbvoLhFMJyA/XoRCX1QN3UI/AAAAAAAAB-4/iZ6d8zNOGZASBniKomX4NUs8-W_Uyq-igCLcBGAsYHQ/s1600/Reserve-Bank-of-India-logo-1024x685.jpg
https://1.bp.blogspot.com/-cbvoLhFMJyA/XoRCX1QN3UI/AAAAAAAAB-4/iZ6d8zNOGZASBniKomX4NUs8-W_Uyq-igCLcBGAsYHQ/s72-c/Reserve-Bank-of-India-logo-1024x685.jpg
Today's Latest news, Know What's happening in India- with Timesnowindia.com
https://www.timesnowindia.com/2020/04/corona-effect-rbi-key-decision-rbi-cuts.html
https://www.timesnowindia.com/
https://www.timesnowindia.com/
https://www.timesnowindia.com/2020/04/corona-effect-rbi-key-decision-rbi-cuts.html
true
8987838410415587929
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy