Reserve Bank of India (RBI)

December 18 and analysts/ experts / economists all keeping an eye on RBI, s they say The Reserve Bank is likely to keep policy rates unchanged in its monetary policy review next week, although inflation for the second the second consecutive month in November has declined.

Over the past three months, the Reserve Bank has reduced the cash reserve ratio, the portion of deposits banks are required to keep with RBI, by 0.50 per cent to 8 per cent. But these cuts did not lead to an easing of Continue reading “Reserve Bank of India (RBI)”