REPO interest rate for the banks for short-term loans has been increased
The Reserve Bank of India has announced that the REPO interest rate for the banks for short-term loans has been increased by 0.5%.
Repo interest, which was 4% in the month of May, has now been increased to 5.4% from 5th August onwards.
Source Link : https://www.livechennai.com/detailnews.asp?newsid=63555
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