Monetary Policy
Transcript of Sept. 2015 MPC Press Briefing
Tuesday, 06 October 2015 00:00

 The decision on the 25 percent is due to various reasons. Although the reverse repo rate was set at 24 percent after the merger, we were still doing some overnight deals at 25 percent. So, it could be partly seen as a little loosening and indeed was part of the discussions and consideration in arriving at the new rate of 25 percent.

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