RBI cuts repo rate by 25 bps; no change in CRR, SLR

In its second bi-monthly policy statement for the new fiscal, the Reserve Bank of India frontloaded its rate cut programme by slashing repo rates by 25 bps to 7.25 percent while keeping CRR and SLR rates unchanged at 4 percent and 21.5 percent, respectively.

In its second bi-monthly policy statement for the new fiscal, the Reserve Bank of India frontloaded its rate cut programme by slashing repo rates by 25 bps to 7.25 percent while keeping CRR and SLR rates unchanged at 4 percent and 21.5 percent, respectively.

Read more at: http://www.moneycontrol.com/news/economy/rbi-cuts-repo-rate-by-25-bps-no-changecrr-slr_1396771.html?utm_source=ref_article

In its second bi-monthly policy statement for the new fiscal, the Reserve Bank of India frontloaded its rate cut programme by slashing repo rates by 25 bps to 7.25 percent while keeping CRR and SLR rates unchanged at 4 percent and 21.5 percent, respectively.

Read more at: http://www.moneycontrol.com/news/economy/rbi-cuts-repo-rate-by-25-bps-no-changecrr-slr_1396771.html?utm_source=ref_article

With retail inflation easing to a four-month low of 4.87 percent accompanied by a slowdown in industrial output to 2.1 percent, most economists and bankers were betting on a 25 bps rate cut. However, forecast of delayed monsoon remain a big overhang on the economy

Read more at: http://www.moneycontrol.com/news/economy/rbi-cuts-repo-rate-by-25-bps-no-changecrr-slr_1396771.html?utm_source=ref_article

With retail inflation easing to a four-month low of 4.87 percent accompanied by a slowdown in industrial output to 2.1 percent, most economists and bankers were betting on a 25 bps rate cut. However, forecast of delayed monsoon remain a big overhang on the economy

Read more at: http://www.moneycontrol.com/news/economy/rbi-cuts-repo-rate-by-25-bps-no-changecrr-slr_1396771.html?utm_source=ref_article