RBI moves to stimulate growth, lowers repo rate by 25 bps; to come out with fresh circular on resolution of bad loans
Fp Staff • 6 years agoThe RBI cut the retail inflation forecast to 2.9-3 percent for the first half of current fiscal, mainly due to lower food and fuel prices as well as expectation of a normal rainy season.
RBI Monetary Policy 2019 Updates: Repo rate cut by 25 bps to 6%; central bank to issue revised NPA circular soon, says Shaktikanta Das
Fp Staff • 6 years agoThe RBI is likely to cut its policy interest rate by 25 basis points on Thursday, despite some analysts believing the country’s weakening economic growth