Growth over Caution
The Reserve Bank of India (RBI) has sent a bold signal with its sharpest rate cut in five years — a 50 basis point slash in the key policy rate, coupled with a phased 100 basis point cut in the cash reserve ratio.
The Reserve Bank of India (RBI) has sent a bold signal with its sharpest rate cut in five years — a 50 basis point slash in the key policy rate, coupled with a phased 100 basis point cut in the cash reserve ratio.
