The Reserve Bank of India (RBI) slashed key policy rates during its MPC meeting on Wednesday during market hours. According to the policy stance, the Central Bank cut Repo-Rate by 35-basis points (bps) to 5.40pc. The Reverse Repo-Rate is adjusted Read more
In line with market expectations, the Reserve bank of India (RBI), its first bi-month Monetary Policy Committee meeting on Thursday, reduced key benchmark policy rates by 25bps to 6.00%, in a 4-2 split vote on Thursday. The repo-rate, at which commercial Read more
Meantime, RBI policy decision to hold the repo-rate at 6.5 percent in its 5th bi-monthly policy review failed to cheer investor outlook.