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 …