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"benchmark-interest-rate"
Japan’s Nikkei sinks 12.4% in worst losses since 1987
Sheds 4,451.28 points amid heavy selling triggered by worries that US economy may be in worse shape than expected
RBI likely to hike benchmark interest rate by 25 bps on April 6
The Reserve Bank may go in for 25 basis points hike in benchmark interest rate at the bi-monthly policy to be unveiled on Thursday
RBI likely to retain benchmark interest rate on Friday, feel experts
The key lending rate, the repo rate, was kept at 4 per cent and the reverse repo rate or the central bank's borrowing rate at 3.35 per cent
RBI maintains status quo third time in a row; policy rate unchanged at 4 pc
The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with Reserve Bank of India (RBI).
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