RBI Governor, Shaktikanta Das addressed the media regarding the Covid-19 related measures.

In his third press conference, the governor announced a cut in the repo rate by 40 basis points (bps) to 4 per cent, while the reverse repo rate was simultaneously slashed to 3.35 per cent. The loan moratorium is extended for 3 months, moreover he said, the GDP growth of India is expected to be in negative for 2020-21, among many points.Subscribe to us for more updates: Follow us on Twitter:   / themojo_in   Like us on Facebook:   / themojostory   Instagram:   / mojostory.in   For more videos:    / @mojostory