January 16, 2015 RBI Slashes Repo Rate The Reserve Bank of India (RBI) on Thursday cut the reverse repo rate by 25 basis points to 7.75%. The move comes at a time when inflation is steadily coming down and cries for a rate cut were growing loud. Related Posts A comprehensive Cloudbased Invoice to GST Compliance Solution. Does last date extension for claiming ITC a real relief? This Year efile your #IncomeTax return with best Income Tax efiling Software About The Author Neha Parnami Add a Comment Cancel reply Your email address will not be published. Required fields are marked *Comment:*Name:* Email Address:* Website: This site uses Akismet to reduce spam. Learn how your comment data is processed.