RBI drastically slashes Repo and other key policy rates in its advanced MPC meeting
Today (March 27, 2020), the Monetary Policy Committee (MPC) announced Seventh Bi-monthly Monetary Policy Statement, 2019-20 and slashed all the key policy rates. According to the announcement the MPC decided to advance its meeting scheduled for 31st March, 1st and 3rd April 2020 and met on 24th, 26th, and 27th March. As per the announcement…