The Reserve Bank of India announced its credit policy and slashed its key policy rates. However, it remains cautious about its concerns over inflation. The RBI cut the policy repo rate by 25 basis points and also reduced the cash reserve ratio (CRR), the share...
The Reserve Bank of India's (RBI) mid-quarter monetary policy review has brought disappointment to home loan customers as the key policy repo rate has been kept unchanged at 8 per cent. The reduction in banks’ cash reserve ratio (CRR) by 0.25 per cent may be...