|Bid||0.00 x 0|
|Ask||145.75 x 0|
|Day's Range||145.15 - 150.35|
|52 Week Range||99.65 - 197.20|
|PE Ratio (TTM)||-9.83|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Reserve Bank of India left its benchmark interest rate, the repo rate, unchanged at 6.5% in its policy meeting on August 9, 2016.
Investors are starting to show nerves over the Reserve Bank of India’s ultimatum for state lenders to clean up their rising pile of bad loans this fiscal year.
It is unlikely that the new RBI governor will implement another rate cut in the remainder of the year, says Tat Capital's Ram Gorlamandala.