In New Delhi Reserve Bank of India governor Raghuram Rajan brought down its key policy rate by 25 basis points citing that the fiscal consolidation was better than what numbers show and that the combined fiscal deficit is much lower due to the government transferring more funds to the states.
1. EMIs to come down
2. Improved market sentiment
3. Banks to gain
4. Corporates to benefit too
5. Companies can raise equity
6. Economy growth to get momentum
1. EMIs to come down
2. Improved market sentiment
3. Banks to gain
4. Corporates to benefit too
5. Companies can raise equity
6. Economy growth to get momentum
Comment