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June 02, 2015

RBI cuts Repo Rate by 25 Basis Points : New RBI Rates are....

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In its bimonthly monetary policy review, the Reserve Bank of India (RBI) cut interest rates for the third time this year today. It lowered its key Repo Rate by 25 basis points to 7.25 percent (earlier it was 7.5 per cent) after lowering it by the same amount in January and March. With this move, the Reverse Repo Rate moves lower to 6.25 percent. It has decided to keep the key ratios such as Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) unchanged at 4.0 per cent and 21.50 per cent respectively. Below you can check the new rates of RBI as on 2nd June 2015.

New RBI Rates (as on 2nd June 2015)

S. No
Rates / Reserve Ratios
Bank Rate
8.25 %
2nd June 2015
Repo Rate
7.25 %
2nd June 2015
Reverse Repo Rate
2nd June 2015
Cash Reserve Ratio (CRR)
9th February 2013
Statutory Liquidity Ratio (SLR)
3rd February 2015
Marginal Standing Facility (MSF)
8.25 %
2nd June 2015
Confused about these rates ? You can get detailed explanations of RBI Rates from here

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