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  • News From Press RBI policy: Invest in short-term and credit opportunities mutual fund schemes

    RBI policy: Invest in short-term and credit opportunities mutual fund schemes

    Source: The Economic Times Apr 6, 2018


    The Reserve Bank of India has once again kept its key rates unchanged in its policy review today. The banking regulator retained repo rate at 6.00 per cent and the reverse repo rate at 5.75 per cent. According to debt mutual fund managers, the RBI is likely to continue with its neutral stance for some more time and refrain from hiking rates any time soon. The central bank had changed its outlook from accommodative to neutral in February 2017.

    "This is a very positive policy decision. A ..

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