In line with market expectations, RBI Governor Raghuram Rajan kept repo rate and CRR unchanged, while cutting SLR by 50 basis points to 21.5% from 22%. Track ET for latest updates on the policy..
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In line with market expectations, RBI Governor Raghuram Rajan kept repo rate and CRR unchanged, while cutting SLR by 50 basis points to 21.5% from 22%. Track ET for latest updates on the policy..
Repo rate, reverse repo rate, Cash Reserve Ratio these are some of the factors using which RBI controls inflation and deflation . In case of inflation these ratios are varied to cope with the effects of inflation in the country.