The RBI repo rate and reverse repo rates

The RBI repo rate and reverse repo rates


There is no change in repo rate, reverse repo rate and bank rate by the Reserve Bank. RBI has maintained a 6.5 percent repo rate.

Also, the reverse repo rate was fixed at 6.25 percent and the bank rate was 6.75 percent. It is estimated that in 2019-20, the GDP would be 7.4 percent, according to RBI estimates that the inflation rate in the second session of the country will be 2.7 percent to 3.2 percent. 

Recently GDP figures have been introduced.
It slipped to 7.1 percent in the July-September quarter of GDP. In the previous year, the RBI has hiked the repo rate twice so far. After the RBI decision, the Sensex has slipped a few points. Economists welcomed RBI's decision.
The RBI repo rate and reverse repo rates The RBI repo rate and reverse repo rates Reviewed by S Current Affairs on December 10, 2018 Rating: 5
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