Dilzer Consultants - Investments and Financial Planning

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Category: newsletter

RBI Monetary Policy – September 2015

RBI aims for growth trajectory with recent rate cut of 0.50% in policy rates. 29th September 2015 Raghram Rajan cut bank rate(rate at which RBI borrows from theĀ  Central Bank) by 0.505 to 6.75% The rate cut was driven by reduced inflation both WPI and CPI and forecast of FY 17 inflation to be down to 5%. The Governor, is strongly looking at growth of India and investment cycle. Savings: The Fixed Deposit Rates have also reduced and therefore are […]

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