No more 7th Pay Commission linked fears for RBI; all details here
In his second monetary policy, RBI Governor Shaktikanta Das has cut down policy repo rate by another 25 basis points. Not just that, he has also revised CPI inflation target and that has had an impact on the way 7th Pay Commission HRA was viewed till now.
7th Pay Commission implementation is no longer a threat to RBI's policy decision, which comes as a major win for both banks and borrowers. Photo: PTI