India’s central bank cuts rates by 25 bps; changes stance to ‘accommodative’

The six-member mpc unanimously voted for the rate cut by 25 basis points and the stance change in its policy. rbi governor shaktikanta das said the apex bank would take all the necessary steps to.

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With this cut, the repo rate has slipped to its lowest level since July 2010. The six-member MPC unanimously voted for the rate cut by 25 basis points and the stance change in its policy. RBI Governor Shaktikanta Das said the apex bank would take all the necessary steps to ensure adequate liquidity in the system.

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BENGALURU (Reuters) – The Reserve Bank of India cut its policy interest rate by 25 basis points in a widely expected move on Thursday, while also changing its monetary policy stance to.

Reserve Bank Of India RBI cuts Repo Rate by 25 bps to 5.75%; Policy stance shifts to Accommodative. Given the weakened domestic investment activity and weighed down demand, the MPC revised the GDP downwards to 7.0 per cent – in the range of 6.4-6.7 per cent for H1 and 7.2-7.5 per cent for H2 FY20.

The Reserve Bank of India cut its policy interest rate by 25 basis points in a widely expected move on Thursday, while also changing its monetary policy stance to "accommodative" after the economy grew at its slowest pace in over four years in the January-March quarter.

The Reserve Bank of India cut its policy interest rate by 25 basis points in a widely expected move on Thursday, while also changing its monetary policy stance to "accommodative" after the economy grew at its slowest pace in over four years in the January-March quarter.

RBI MPC cuts repo rate by 25 basis points to 5.75% with immediate effect.RBI has also changed policy stance from neutral to accommodative.. NEW DELHI: For the third time in a row, the Reserve Bank of India's (RBI) Monetary. after the central bank cut its key rate and left the door open for more policy.

MUMBAI, June 6 (Reuters) – The Reserve Bank of India cut its policy interest rate by 25 basis points in a widely expected move on Thursday, while also changing its monetary policy stance to.