The six-member monetary policy committee (MPC) revised the repo rate for the first time in two years, voting unanimously to cut it by 25 basis points from 6.50 per cent to 6.25 per cent in view of ...
Repo Rate - When commercial banks want short term ... It is the price index that is used to measure inflation. The formula to calculate CPI is provided below CPI = (Cost of a Fixed Basket of ...