Source:-thehindubusinessline.com Bankers gave a thumbs-up to the third consecutive 25 basis point cut in repo rate by the Reserve Bank of India and said it will boost economic growth. But they also indicated that they would take a call on cutting rates further. Monetary transmission by banks has been widely […]
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Third Rate Cut Seen as Economy Cools: India Decision Guide
Source:-bloomberg.com The Reserve Bank of India is likely to cement its position as Asia’s most dovish central bank with a third straight interest-rate cut Thursday. The six-member monetary policy committee led by Governor Shaktikanta Das will reduce the repurchase rate by 25 basis points to 5.75% on Thursday, say 31 […]
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