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During the global financial crisis, the repo rate skyrocketed to 9.00% in July 2008, the highest in recent history. The economy was battling runaway inflation, and RBI wasn't playing around.
The cut, larger than the widely anticipated 25 bps, is seen as a strategy by RBI to push growth amid inflation. A 50 basis ...
Median forecasts for the repo rate have not changed in Reuters polls taken since April. Over 80% of economists, 63 of 76, in a Sept. 17-26 Reuters poll predicted the RBI would hold the repo rate ...
Mumbai: Benchmark equity indices surged Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level ...