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Volatile Market! Don’t Let These Mistakes Hurt Your Investments
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Avoid These Mistakes While Planning for Retirement
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Plan These Before You Start Your SIP
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What Missing the Best Days Can Mean for Your Investments
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When Does Exiting Mutual Fund Make Sense?
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Date07 Apr 2017/Comments0/CategoryRBI Monetary Policy
In its 1st Bi-monthly monetary policy review of 2017-18, RBI has surprised the markets by increasing the reverse repo by 25 bps to 6.00% and lowering the Marginal Standing Facility (MSF) rate and Bank rate by 25bps to 6.50%. The repo rate has been kept unchanged at 6.25%.Click here to know why the reverse repo rate is hiked.Read More →
Date07 Feb 2017/Comments0/CategoryRBI Monetary Policy
Contrary to expectations of a 25 bps rate cut by market, RBI in its 6th Bi-monthly monetary policy review has shocked the markets by keeping the policy rates unchanged. RBI has turned hawkish and changed policy stance from ‘accomodative’ to ‘neutral’ considering the transitory effect of demonetization. It has lowered the growth rate for the current fiscal to 6.9% from 7.1%. However, RBI expects that the growth will rebound in the FY18. Let’s have a look at the key highlights of the policy.Read More →
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