LIVE RBI Monetary Policy Review: Part of investigative team looking into Panama leaks, says Raghuram Rajan

Zee Media Bureau

The Reserve Bank of India on Tuesday slashed repo rate by 0.25 percent to 6.50 percent in its first bi-monthly monetary policy review.

But in a surprise move, the RBI also raised the reverse repo - or the rates lenders charge to the central bank - by 0.25 percent to 6 percent, while taking measures to ensure more availability of cash in the banking system.

05 April 2016

11:54 IST

Minister of State for Finance Jayant Sinha: Rate cut good stimulus for economy

11:47 IST

RBI Gov: We have no intent to publish willful defaulter list

RBI Gov: Release of loan defaulter list would result in undue anxiety and panic and would impact business

RBI Deputy Gov: RBI along with CBDT, ED, FIEO involved in Panama Papers leak investigation.