Credit Policy: The RBI hikes Repo Rate by 25 bps to 8.5%, Reverse Repo Rate adjusted 25 bps higher to 7.5% while CRR is maintained at 6%, reports NDTV Profit. The RBI has de-regulated savings bank deposit rate with immediate effect.
Credit Policy: Marginal standing facility is now at 9.5%, inflation forecast is retained at 7% while GDP growth forecast has been lowered to 7.6% from 8%, reports CNBC TV18
Credit Policy: Marginal standing facility is now at 9.5%, inflation forecast is retained at 7% while GDP growth forecast has been lowered to 7.6% from 8%, reports CNBC TV18