Insights

Micro Finance | 16 October 2019
Microfinance gets a boost from recent credit policy

It came as no surprise that the Reserve Bank of India announced a 25-basis-point repo rate cut for the fifth time in a row during its October 2019 Monetary Policy Committee (MPC) meeting.Since the beginning of this calendar year,the central bank has cut the repo rate by a cumulative 135 basis points, bringing it to an eight-year low of 5.15%. Repo rate cuts since February 2019     This rate reduction was expecte....

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