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RBI Keeps Rate Unchanged, Downgrades GDP Growth Outlook

NDTV Profit Desk
Banks will no longer have to bear the burden of incremental cash reserve ratio, the RBI governor said.

The Reserve Bank of India in its first monetary policy review after the notes ban kept its repo rate unchanged at 6.25 per cent, surprising the Street.

The Reserve Bank of India in its first monetary policy review after the notes ban kept its repo rate unchanged at 6.25 per cent, surprising the Street.

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Government Intervenes In Tata Group Board Strife

  • chevron-double-right Tata Group representatives will meet senior central ministers over the ongoing boardroom dispute, sources said
  • chevron-double-right Tata Group has split into two camps led by Noel Tata and Mehli Mistry, as per the sources
  • chevron-double-right The strife has intensified following a stormy meeting at Tata Trusts last month
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