Latest Ajay Kumar Srivastava News & Updates

RBI’s Decision to Maintain Repo Rate to Support Economic Recovery

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New Delhi, April 8 (IANS) The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent will ensure sustainability of the ongoing recovery, ensure credit growth and keep borrowing costs stable, economists and bankers said on Wednesday.The central bank’s decision reflects a balanced and ‘safety-first’ approach, prioritising macroeconomic stability, said Ajay Kumar Srivastava, Managing Director & CEO, Indian Overseas Bank, also lauding RBI’s continued focus on i…