Saturday, June 16, 2012
Slower growth and high volatility, Reserve bank is expected to cut Repo and Reverse Repo rates by 25 basis points in its policy review on Monday, 18th June, 2012.
What are current rates?Repo Rate - 8%
Reverse Repo Rate - 7%
RBI has room to support economic activity as industrial production growth remains weak and inflation...
Saturday, June 16, 2012 0
Earlier this week, ratings agency Standard and Poor's raised concerns over India's investment grade ratings and said India could be first BRIC nation to lose this grade status. This event was rather predicted as India factory output data came flat in April. I am not a big fan of S&P or Moody ratings, this reminds me how...
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