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RBI announcement on policy rates Tag

Daily Market Analysis

Daily Market Analysis – 09th Oct 2020

byfintooOctober 9, 2020

1. RBI Governor Shaktikanta Das announced that MPC has kept the policy rates unchanged (Repo rate 4%, Reverse Repo rate 3.35%) and is to maintain an accommodative stance. 2. The Union Cabinet on Wednesday announced a new e-bidding platform to promote market price discovery of natural gas produced from fields across a number of contractual regimes, where producers already have pricing...