Change in Bank Rate

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..... 2.01.001/2018-19 dated June 06, 2019, on the captioned subject. 2. As announced in the Third Bi-Monthly Monetary Policy Statement 2019-20 of August 07, 2019 , the Bank Rate is revised downwards by 35 basis points from 6.00 per cent to 5.65 per cent with immediate effect. 3. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank R .....

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