The Traderszone Network

Published in TZ Latest News 28 September, 2015 by The TZ Newswire Staff

RBI cuts repo rate to 6.75% from 7.25%

Reserve Bank of India the latest in Asia to trim rates
– reverse repo cut to 5.75% from 6.25%
– cash reserve rate remains at 4.00%
Larger than expected repo rate cuts surprise markets