by atul | Aug 8, 2019 | Free Press Releases
“RBI’s MPC action today is significant as the key rates were cut by 35 bps (repo at 5.40% and reverse repo at 5.15%) indicating that RBI is willing to see rate changes in less than 25 bps steps. While broad market and we were expecting 25 bps, the 35 bps cut with a...