RBI can cut down the rates by 0.25% this week
By Vaibhav Aggarwal
Feb 2, 2015
Print    Email    RSS   

It is expected that the apex bank of the country – RBI may further reduce down the rate by 0.25% in the monetary policy this week. Last month RBI had unexpectedly cut down the rates surprising everyone.

This time the industry is hopeful that a further reduction in policy rates. While lowering the policy repo rate to 7.75 per cent from 8 per cent, RBI last month had also said further rate cuts would depend upon inflationary expectations and improvement in the fiscal situation. Some banks like Oriental Bank of Commerce are waiting for an immediate rate cut. RBI can consider a rate cut of 0.25% tomorrow in the monetary policy.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Personal loan EMI calculator from RupeeTimes
Do rising NPAs reflect an ailing banking...
Loans to assist people with bad credit scores
Get a loan to meet your any personal need
Which is better: personal loan or gold loan?

how to check my personal loan statement
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive