By Rohit Sharma NEW DELHI Reserve Bank of India (RBI’s) monetary Policy committee (MPC) on Wednesday increased repo rate by 25 basis points (bps) to 6.5 per cent. This is the second time where RBI has raised the repo rate. In June it increased by 25 bps which come to 6.25 per
Tag: Repo Rates
Realty industry welcomes RBI’s decision of reducing the repo rates by 25 bps
By Accommodation Times News Services Reserve Bank of India (RBI) issued its first quarter monetary policy for the financial year 2016-17, with a positive start for current year, RBI Governor Raghuram Rajan announced the policy with a rate cut of 25 basis points from 6.75 per cent to 6.5 per cent. On