RBI cuts repo rate by 25 bps; no change in CRR, SLR - Part 1

Описание: With retail inflation easing to a four-month low of 4.87 percent accompanied by a slowdown in industrial output to 2.1 percent, most economists and bankers were betting on a 25 bps rate cut. However, forecast of a delayed monsoon remains a big overhang on the economy