Tag Archives: monetary policy

RBI Governor Raghuram Rajan has kept policy rate on hold at 6.75 percent on Tuesday, purportedly awaiting the government’s move in the direction when it unveils the Budget 2016-17 later this month. Monetary and Liquidity Measures remained the same as RBI has decided to: * keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.75 per ...

The move by RBI to cut the repo rate by 50 basis points has gripped the market and responding to it Andhra Bank has reduced its base rate by 0.25 per cent effective today, while the largest lender SBI has made it effective from October 5. The Reserve Bank of India earlier slashed the benchmark repurchase (repo) rate from 7.25 ...