Cut in Key Policy Rates by RBI - Dated - 13-12-2013 - Reserve Bank of India (RBI) has reduced the Marginal Standing Facility (MSF) rate by 150 basis points from 10.25 per cent to 8.75 per cent during September 20, 2013 to October 29, 2013 and increased the repo rate by 50 basis points from 7.25 per cent to 7.75 per cent during the same period. The policy initiatives announced by RBI are aimed at supporting growth for the development of the economy and anchoring inflationary expectations. RBI has................................... - News
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