Tag: RBI Bi-monthly review

Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Wednesday decided to cut the repo rate by 25 basis points to six per cent. Repo Rate is the rate at which Reserve Bank of India lends money to banks in the country.RBI has cut the rate as per the expectation of market. The market expectation […]

RBI Policy Review- Lowest Repo Rate Hike in Six Years with 25 bps to 6.50%. This year quarter one monetary policy of financial year 2016-17 had seen few new changes including the widening of reverse repo and repo rate have been more compromised to 0.50% now. Earlier it was 1%. RBI has announced the major […]