The Reserve Bank of India (RBI) has reduced the repo (short-term lending) rate to 8.00% and reverse repo (short-term borrowing) rate to 7.00% per annum at its annual monetary policy review meeting held for the financial year 2012-13 on April 17, 2012.
Tag: Reserve Bank of India
Reserve Bank of India’s Current, Upcoming, and Past Plans, Policies, Projects, and Schemes, Gazette Notifications, Financial Plans, Social Schemes, Investment Proposals, Interest Schemes, Monetary Policy, Monetary Review, Special Schemes, etc.