Reverse Repo rate at 6.00% was expected: HDFC Bank
The RBI in its second bi-monthly monetary policy of FY18 decided to keep the policy rates unchanged – Repo rate at 6.25% and consequently the Reverse Repo rate at 6.00%, as was widely expected. Further, it revised down its inflation and growth outlook for FY18, signalling a dovish outlook, rep
The RBI in its second bi-monthly monetary policy of FY18 decided to keep the policy rates unchanged – Repo rate at 6.25% and consequently the Reverse Repo rate at 6.00%, as was widely expected. Further, it revised down its inflation and growth outlook for FY18, signalling a dovish outlook, reports HDFC Bank
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