Reserve Bank of India (RBI) cuts Repo Rate by 35 basis points to 5.40%. Reverse Repo rate at 5.15% Reserve Bank of India (RBI) cuts Repo Rate by 35 basis points to 5.40%. Reverse Repo rate at 5.15% Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) Related Tags: Reserve Bank of India (RBI) cuts Repo Rate by 35 basis points to 5.40%. Reverse Repo rate at 5.15% August 7, 2019 by vdc VIJAYCHOWK.COM