India Cuts Reserve Ratio to Boost Growth While Holding RatesKartik Goyal
India’s central bank unexpectedly reduced the amount of deposits lenders must set aside as reserves, supporting the government’s push to revive growth even as it kept interest rates unchanged to damp elevated inflation.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
- Germans Are Going Wild for a Show Set During the Dawn of the Nazis
- U.S. Senate Adopts Budget, Giving Momentum to Trump's Tax-Cut Plans
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself
- GE's New CEO Slashes Profit Outlook, Sends Shares Tumbling