RBI’s Next Rate Cut More Likely After Government Presents Union Budget 2016-17

rbi

RBI’s Next Rate Cut More Likely After Government Presents Union Budget 2016-17

The Reserve Bank of India (RBI) kept its policy rate on hold at 6.75 per cent, as widely expected, opting to wait until after the government’s annual budget statement at the end February to decide on whether to cut interest rates further.

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