RBI Policy Highlights: RBI Cuts Repo Rate\, Changes Stance To "Neutral"

RBI Policy Highlights: RBI Surprises With A Rate Cut, Changes Stance To "Neutral"

The repo rate - which is the key interest rate at which the RBI lends short-term funds to commercial banks - now stands at 6.25 per cent.

Economy | Press Trust of India | Updated: February 07, 2019 13:16 IST

RBI Policy Highlights: RBI Surprises With A Rate Cut, Changes Stance To 'Neutral'

The marginal standing facility rate now stands adjusted to 6.5%, said RBI.