RBI hikes repo rate by 25 basis points to 6.50%, maintains neutral stance
This is the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy meetings.
Aug 01, 2018, 14:38 PM IST
Expert views: RBI cuts repo rate to more than 6-1/2 year low
Four members of the monetary policy committee voted to cut rates by 25 bps, while one voted for a 50 bps cut and one voted for leaving rates unchanged.
Aug 02, 2017, 15:05 PM IST