Tuesday, April 14, 2015

RBI Move on 15 Jan

RBI has decreased Repo rate by 25 basis points.

—Rate Cut Indicates Shift in Monetary Policy Stance: Arvind Subramanian

—More Monetary Policy Easing possible – Arvind S.

—Finance Ministry welcomes RBI Rate Cut as Inflation Drops

—UBI cuts base rate after this announcement.

—Bank Nifty hits record high as RBI slashes repo rate; auto, realty stocks rally

—Repo rate now 7.75 %. —Reverse Repo Rate 6.75 %.

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