The Reserve Bank of India (RBI) cut repo to 4.4 per cent, the lowest in at least 15 years. Also, it reduced the cash reserve ratio maintained by the banks for the first time in over seven years. CRR for all banks was cut by 100 basis points to release Rs 1.37 lakh crore across banking system.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/33NmA5D
