RBI cuts rate by 75 bps, steepest in over 10 yrs ...Middle East

The Reserve Bank of India on Friday cut interest rates by 75 basis points (bps)—the sharpest in over a decade. It also made available Rs 3.74 lakh crore of additional liquidity to banks and allowed almost all borrowers to defer loan repayments by three months.

Hence then, the article about rbi cuts rate by 75 bps steepest in over 10 yrs was published today ( Saturday 28/03/2020 - 02:35 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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