The Reserve Bank of India (RBI) is expected to cut key rate by 25 basis points in its monetary policy review next week, responding government efforts regarding economic reforms. Read more
Tag: Repo Rates
RBI’s monetary policy review: key rates unchanged
All eyes are on Reserve Bank of India’s mid-quarter review of monetary policy today, expected that due to inflation chances of key interest rates to be remained unchanged in the policy review.
The repo rates and reverse repo rate remains unchanged at 8 per cent and at 7 per cent.
While experts indicated, govt is likely choose cut the cash reserve ratio (CRR), the portion of deposits banks have to mandatory park with RBI unchanged at 4.25 per cent that help to tighten the liquidity. Read more
RBI’s Monetary Policy: CRR slashes, Rates unchanged
After unveiling the mid-quarter review of the monetary policy by Reserve Bank of India (RBI) Governor D Subbarao, a much disappointing wave spread among the marketers, but a strongest attack in appositive move toward inflation.
RBI’s policy brings unchanged repo rates while cut off CRR, cash reserve ratio by 25 basis points from 4.75 per cent to 4.50 per cent, allowing banks to keep more cash and downing their lending rates, improving investments. Read more
