Hike in reverse repo rate likely in early February - Business News: Latest Share Market , Economy & Finance News | Trendmergers

Breaking

Post Top Ad

Post Top Ad

Hike in reverse repo rate likely in early February

A reverse repo rate hike in the coming monetary policy is a fait accompli given that the overnight call rates have surged past the rate the RBI provides banks for parking their excess funds. If the budget deficit numbers are more than 6.5 percent of the GDP, then even the repo rate hike may be on the table.

from Stocks-Markets-Economic Times
Read The Rest:economictimes...

Post Top Ad