The Reserve Bank of India Monetary Policy Committee in its bi-monthly meet announced a 25 basis point cut in the repo rate given the environment of global slowdown and low rate of inflation in the country. What does this mean and how would the economic scenario pan out in coming days. T K Arun of The Economic Times explains.
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The Reserve Bank of India Monetary Policy Committee in its bi-monthly meet announced a 25 basis point cut in the repo rate given the environment of global slowdown and low rate of inflation in the country. What does this mean and how would the economic scenario pan out in coming days. T K Arun of The Economic Times explains.
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All eyes are now set on the Reserve Bank of India’s monetary policy review on Friday, where the central bank is widely expected to cut repo rates. The Reserve Bank of India is set to lower its benchmark repurchase rate for a fifth time this year. The jury is still out on whether the central bank will go for a 25 bps or a deeper rate cut to boost the sagging economy. ET NOW poll also suggests RBI will Maintain an Accommodative stance.
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RBI Repo Rate: RBI ने फिर बढ़ाया 0.50 फीसदी रेपो रेट, महंगा हो सकता है लोन
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