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Raghuram Rajan maintains status quo, wants banks to cut rates

Last Updated: Tuesday, August 4, 2015, 19:32

After three cuts in seven months, the RBI decided to keep the benchmark lending (repo) rate unchanged at 7.25 percent as also the cash reserve ratio (CRR) at 4 percent.

RBI policy desolates realtors; want rate cut to boost sector

Last Updated: Tuesday, August 4, 2015, 18:52

Real estate industry Tuesday expressed disappointment over RBI's decision to keep the key interest rates unchanged, saying rate cuts were required to boost manufacturing and property sectors.