Lok Sabha TV Insights: RBI’s Monetary Policy
Lok Sabha TV Insights: RBI’s Monetary Policy Archives 04 August 2015 Under third bi-monetary policy review, RBI left policy rates unchanged. Repo stands at 7.25% and Cash reserve ratio at 4% of NTDL. There was significant anticipation of further rate cuts given lower oil prices and negative WPI inflation for 8th month in line. Reason …
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