🔴RBI's New Bi-monthly Monetary Policy Rates🔵

Repo Rate- 5.15%
Reverse Repo Rate- 4.90%
Marginal Standing Facility(MSF) Rate- 5.40%
Cash Reserve Ratio(CRR)- 4%
Statutory Liquid Ratio(SLR)- 18.75%
Bank Rate- 5.40%
Important points to remember::
RBI revised real GDP growth rate for 2019-20 to 6.1% from 6.9%...
Consumer price headline inflation has moved in a narrow range of 3.1-3.2 per cent between June and August.
On payment and settlement systems, several measures have been announced. First, collateralised liquidity support, which is currently available till 7.45 pm, will now be available round the clock on all NEFT working days in order to facilitate smooth settlement of National Electronic Funds Transfer on 24x7 basis for members of public from December, 2019.

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