This is the third such address by the RBI and comes a week after the finance minister announces five tranches of the Rs 20 lakh crore economic relief
MUMBAI| Reserve Bank Of India Governor Shaktikanta Das while addressing a press conference announces fresh measures to tackle the coronavirus pandemic.
Das announces, “The repo rate cut by 40 basis points from 4.4 % to 4%. Reverse repo rate stands reduced to 3.35%.”
This is the third such address by the RBI governor and comes a week after the finance minister announces five tranches of the Rs 20 lakh crore economic relief package.
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