RBI Cuts Repo Rate By 25 bps

• RBI Cuts Repo Rate by 25 Basis points Bring it down to 6.50 %
• CRR Unchanged
• SLR of scheduled banksreduced by 25 Basis points from 21.5% to 21.25% Of NDTL
• Daily maintenance of CRR reduced from 95% to 90%  from 16 April 2016