BANKING & FINANCE
RBI’s Repo Rate Status Quo Reflects ‘Safety-First’ Approach, says IOB MD
The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% reflects a balanced and “safety-first” approach, prioritising macroeconomic stability, said Indian Overseas Bank MD & CEO Ajay Kumar Srivastava. Cautious policy amid global uncertainty While the Indian economy continues to demonstrate strong growth at 7.6%, a cautious stance is warranted amid […]
