India's central bank on Tuesday has retained interest rates in its first monetary policy for financial year 2015-16. The Reserve Bank of India (RBI) has kept repo and reverse repo unchanged at 7.50% and 6.50% respectively. Meanwhile, cash reserve ... MyIris, 1 month ago
KOLKATA: State Bank of India was the first off the block to impress the regulator on Tuesday by reducing its base rate, forcing private sector peers HDFC Bank and ICICI Bank to follow suit as they took heed of RBI governor Raghuram Rajan's stern ...Economic Times, 1 month ago
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