Business News/ Videos / Money with Monika: RBI reduced reverse repo rate, what does it mean?
Money with Monika: RBI reduced reverse repo rate, what does it mean?
Updated: 18 Apr 2020, 07:53 PM ISTLivemint
The Reserve Bank of India on April 17 announced a reduction in the reverse repo rate by 25 basis points. What does it mean and why is it important now? In this episode of the special series of Money with Monika, personal finance expert Monika Halan talks about RBI giving Rs 50,000 crore through TLTRO 2.0 to banks to lend to NBFCs and MFIs.
Recommended For You
Feedback
Select your Category
Your Message
No Network
Server Issue
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.