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Publicada el martes, 29 de enero de 2013 | Actualizada el jueves, 16 de junio de 2016

India | RBI cuts repo rate, signaling an increased focus on growth

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Resumen

As expected, the Reserve Bank of India (RBI) cut its benchmark repo rate and Cash Reserve Ratio (CRR) by 25 bps each to 7.75% and 4.0% respectively. The move was the first rate cut since April 2012, with the RBI basing its decision on: (i) a moderation in inflation; (ii) deceleration in growth; and (iii) tight liquidity conditions.