Interest Rate My View

IS INTEREST RATE POSSIBLE GOING FORWARD

The Reserve Bank of India (RBI) in its monetary policy meet on 02ndJune, 2015 has cut the repo rate by 25 basis points to 7.25% from 7.50%. Consequently, the reverse repo rate under the LAF stands adjusted to 6.25% and the marginal standing facility (MSF) rate was cut by 25 basis points to 8.25% as …

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