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first bi-monthly monetary policy

RBI monetary policy: What does a 0.25% hike in reverse repo rate mean

RBI monetary policy: What does a 0.25% hike in reverse repo rate mean

Thu, Apr 06, 2017

Adhil Shetty, CEO & Co-founder BankBazaar.com said, "As expected, the RBI has deviated its liquidity management strategy from being accommodating to being neutral. Inflationary trends are gathering pace. Hence, to get a control over it and to squeeze excess liquidity out of the banking system, RBI has increases the reverse repo rate."

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