Raghuram Rajan | India Writes

Banks should pass on interest rate cuts: Rajan

April 8, 2015 - by India Writes Network

In the first bimonthly monetary policy review for the current financial year, 2015-2016, Reserve Bank of India (RBI) Governor Raghuram Rajan severely criticized banks for not passing on benefits of …

RBI rate cut triggers cheer in India

March 4, 2015March 4, 2015 - by India Writes Network

In an unexpected move, the Reserve Bank of India (RBI) has lowered its key policy rate by 25 basis points to 7.5 percent on March 4. This move has come …