The perspective on monetary policy by Mr. Suman Chakrvarty, MD & CEO, Achiievers Equities Ltd

RBI holds key rates in first bi-monthly monetary policy 2014-15

-Indicates No further policy tightening in the near term

RBI released its bi-monthly monetary policy statement on Tuesday keeping the repo rate unchanged at 8 per cent and CRR kept at 4 per cent. Consequently, the reverse repo rate and the marginal standing facility (MSF) rate and the Bank Rate stood unchanged. RBI …….Read More

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