The Reserve Bank of India today at its first bimonthly policy meetings left the key repo rate unchanged at 6.75 percent, saying it would want to wait for more inflation data and the Union budget before taking any action while remaining accommodative to the requirements of the Indian economy..
The Reserve Bank of India today at its first bimonthly policy meetings left the key repo rate unchanged at 6.75 percent, saying it would want to wait for more inflation data and the Union budget before taking any action while remaining accommodative to the requirements of the Indian economy.
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The State Bank of India cut interest rates on deposits across all maturities on Monday but analysts said it would take time for the country's largest bank to make matching cuts in its lending rates.
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Global agencies have cut down India's GDP forecast by 80- 90 bps citing weaker than expected outlook for domestic demand, ET NOW's Ruchi Bhatia caught up with Chief Economic Advisor KV Subramanian to understand whether he believes if the forecast is fair despite reforms initiated by Govt to boost demand. He said that in the long run, the fundamentals remain unchanged and therefore we will be back to the growth rate that we deserve to be at, in the near future.
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Live: Raghuram Rajan leaves key rates unchanged in his last policy meet.
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Raghuram Rajan leaves key rates unchanged in his last policy meet
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एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
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