RbiSearchHeader

Press escape key to go back

Past Searches

Page
Official Website of Reserve Bank of India

Press Releases Marquee

RBI Announcements
RBI Announcements

RbiAnnouncementWeb

RBI Announcements
RBI Announcements

Asset Publisher

53588105

RBI announces reduction in Repo Rate, Bank Rate and CRR

The Reserve Bank of India has today announced the following measures :

  1. A reduction in Repo Rate from 8 per cent to 6 per cent effective March 3, 1999.

  2.  
  3. A reduction in Bank Rate from 9 per cent to 8 per cent effective close of business hours on March 1, 1999.

  4.  
  5. A reduction in Cash Reserve Ratio from 11 per cent to 10.5 per cent effective from the fortnight beginning on March 13, 1999.

Alpana Killawala
General Manager

Press Release : 1998-99/1118

RbiTtsCommonUtility

PLAYING
LISTEN

Related Assets

RBI-Install-RBI-Content-Global

RbiSocialMediaUtility

بھارت موبائل ایپلی کیشن کے ریزرو بینک کو انسٹال کریں اور تازہ ترین خبروں تک فوری رسائی حاصل کریں!

ہماری ایپ انسٹال کرنے کے لیے QR کوڈ اسکین کریں۔

RbiWasItHelpfulUtility

صفحے پر آخری اپ ڈیٹ:

یہ صفحہ مددگار تھا؟