RBI reduces Key Policy rates by 25 basis points
In the second bi-monthly monitory policy statement for 2015-16 (02.06.2015), RBI said that on the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to reduce Key policy rates by 25 basis points. reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from…