RBI Monetary Policy Highlights :

    • RBI reduced the Repo rate by 35 basis points to 5.40%
    • Reverse Repo rate stands adjusted to 5.15%
    • With an eye to increase the credit flow into real estate, the RBI will recognize loans up to Rs. 20 lakhs as Priority Sector Lending.
    • Cash Reserve Ratio (CRR) remains unchanged at 4%
    • Statutory Liquidity Ratio (SLR) stands adjusted at 18.75%
    • Marginal Standing Facility (MSF) rate & the bank rate stands adjusted at 5.65%

By Abhay Gupta

With background in e-commerce and IT, Abhay manages operations and backend processes at SAKSHAM Wealth. He is a data cruncher and his expertise with MS Excel helps the team in research.

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