rbi rate cut

After leaving the repo rates unchanged for five times in a row, Reserve Bank of India Governor finally announced the much-awaited cut in the interest rates by 25 basis points. The cash reserve ratio (CRR), however, has been kept unchanged at 4 per cent. This drop in the rate is RBI’s first positive step of […]

With Finance Minister Arun Jaitley stressing on reviving growth momentum and curbing inflation, RBI in its second bi-monthly monetary policy has maintained its hawkish stance and for the second time in the row has kept the repo rate unchanged at 8 per cent. The decision was well-received by the real estate fraternity. “The recent decision […]