Market welcomes RBI’s decision to cut repo rate by 25 bps | Indiablooms – First Portal on Digital News Management

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Monetary Policy | A 35 bps repo rate cut is an unusual surprise In the conventional policy design, multiples of 25 bps gives financial markets visibility about near term moves since the pattern is.

Real estate industry welcomes RBI’s decision to reduce repo rate;. RBI goes for 25 bps rate cut, 3rd in a row; shifts policy stance to ‘accommodative’. is India’s No 1 Property portal and has been adjudged as the most preferred property site in India, by independent surveys.

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India’s first full-time woman finance minister, Nirmala Sitharaman, will present her first budget on Friday. The report titled ‘India Budget: Navigating troubled waters’ said it expects a slippage.

The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year.

Mumbai: L&T Financial Services may sell off its wealth management business soon, said three people familiar with the development. IIFL Wealth and Asset Management, one of India’s biggest investment advisors, is the frontrunner to buy out L&T finance wealth management, which handles client money to the tune of Rs 25,600 crore, they said.

Nargis Fakhri is an American actress and model, who mainly appears in Hindi and English-language films. Her first role in film came with the 2011 blockbuster romantic drama Rockstar, for which she received a Filmfare Award for Best Female Debut nomination. She subsequently received praise for portraying a war correspondent in the political thriller Madras Cafe (2013), and achieved further.

Payal Rohatgi (born 9 November 1980 or 1984) is an Indian actress and reality TV performer who appears in Bollywood films. She was a contestant in the reality show Bigg Boss in 2008.

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