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RBI cuts repo rate by 25 bps ahead of schedule 04 March 2015
Raghuram Rajan, governor, Reserve Bank of India (RBI), seems to be enjoying by surprising the markets by cutting rates unannounced and ahead of monetary policy reviews. The Bank has cut rates by 25 basis points on Wednesday morning bringing the...
Keywords: repo rates, RBI, repo rates, repo rates
Read MoreRBI has not announced any rate changes 04 August 2015
Reserve Bank of India on today kept its policy rates unchanged, while the governor Raghuram Rajan said that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate cuts. The...
Keywords: RBI Governor, cash reserve ratio, RBI Governor, RBI Governor
Read MoreRBI hikes interest rates unexpectedly to stem inflation 29 January 2014
The Reserve Bank of India (RBI) on Tuesday increased the Repo Rate from 7.75% to 8 by a margin of 0.25% in the policy meeting. This is third hike from the new governor of RBI Raghuram Rajan ever since he...
Keywords: Inflation, Rupee value, Raghuram Rajan, Rupee value
Read MoreRBI's cut in Interest rates for the third time in a year a row 02 June 2015
It seems that the Policymakers recognized the need to put the economy on a high notch. Just days after the data released that showed India outpaced China by growing 7.5% in the March quarter, RBI takes a leap further and...
Keywords: Reserve Bank of India, Reserve Bank of India, Raghuram Rajan, Reserve Bank of India
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