RBI Monetary Policy Meeting Highlights – Here’s All to Know About Repo rate cut, inflation and GDP
As inflation eases towards its 4% objective, the Reserve Bank of India (RBI) lowered its benchmark interest rate on Friday for the first time in over five years in an effort to stimulate the flagging economy. The repo rate was cut by 25 basis points to 6.25% by MPC, which was led by RBI Governor … Read more