Interest rate cut by Reserve Bank of India a much awaited 'festive gift': Auto industry
Terming RBI's 0.25 percent cut in policy rate today a 'festive gift', automobile manufacturers hoped that it will lift consumer sentiment and boost buying in the ongoing festival season.
Oct 04, 2016, 19:01 PM ISTRBI to lower rates by another 0.50% in FY17: Morgan Stanley
The Reserve Bank is expected to keep key rates unchanged in the next policy meeting on June 7, but might lower rates by another 0.50 percent during the current financial year, says a report by Morgan Stanley.
May 29, 2016, 12:11 PM IST