Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>RBI's MPC Cuts Repo Rate to 6.25%, Shifts Stance to Neutral to Boost Growth Amid Global Slowdown.</h1> The Monetary Policy Committee (MPC) of the Reserve Bank of India decided to reduce the policy repo rate by 25 basis points to 6.25% and adjusted the reverse repo rate to 6.0%. The monetary policy stance was shifted from calibrated tightening to neutral to support growth and maintain the consumer price index inflation target of 4% within a +/- 2% band. The decision reflects a response to global economic slowdowns, low inflation, and a need to bolster investment and consumption. The MPC aims to achieve a balanced growth outlook while monitoring inflation risks and global economic conditions.