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RBI expected to soften stance...

Mumbai : The Reserve Bank of India is...

RBI expected to soften stance to ‘neutral’, without rate cut

Mumbai : The Reserve Bank of India is widely expected to keep its key lending rate for commercial banks unchanged at 6.5 per cent for the third time in succession when it makes the fiscal's final bimonthly monetary policy review announcement on Thursday, but could change its stance from 'calibrated tightening' to 'neutral'. The RBI's monetary policy committee's (MPC) three-day meeting got under way here on Tuesday, presided for the first time by new Governor Shaktikanta Das, the former Economic Affairs Secretary, who was appointed to the post in December after the abrupt resignation of Urjit Patel...
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Economy

RBI expected to...

Mumbai : The Reserve Bank of India is widely expected to keep its key lending rate for commercial banks unchanged at 6.5 per cent for the third...
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