Editor's Take | RBI remains hawkish
  • 6 years ago
In his last annual policy review, RBI governor D. Subbarao, cut the repo rate by 25 bps to 7.25% and kept the CRR unchanged. The rate cut was on expected lines though some quarters of market expected a CRR cut as well. Mint's Tamal Bandhyopadhyay gives his verdict on the policy review and what it means for the economy and investors