Diabytes
Bi-Monthly Monetary Policy News
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Ahead of the next monetary policy review in August first week, Reserve Bank Governor Urjit Patel on Friday called on Finance Minister Arun Jaitley and is believed to have discussed various macro-economic issues.
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Will the Reserve Bank of India slash the repo rate?
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Reserve Bank Governor Raghuram Rajan is widely expected to cut interest rate on Tuesday by a quarter per cent to a 4-year low to accelerate a sluggish economic recovery, but may underscore concerns over prices in a year when monsoon rains have been deficient.
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The RBI Governor Raghuram Rajan on Tuesday said that the SLR cut will enable the banks to lend more money.
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