https://www.taxtmi.com/news?id=21375 The central bank reduced the benchmark lending rate and shifted its stance to accommodative to support aggregate demand and private investment, noting weak transmission of earlier rate cuts into bank lending rates; it simultaneously adjusted the policy rate corridor and eliminated RTGS/NEFT charges to boost digital transactions and encourage pass-through of policy easing. en-us Thu, 06 Jun 2019 15:33:34 +0530 Thu, 06 Jun 2019 15:33:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21375 The central bank reduced the benchmark lending rate and shifted its stance to accommodative to support aggregate demand and private investment, noting weak transmission of earlier rate cuts into bank lending rates; it simultaneously adjusted the policy rate corridor and eliminated RTGS/NEFT charges to boost digital transactions and encourage pass-through of policy easing. News - Thu, 06 Jun 2019 15:33:34 +0530 https://www.taxtmi.com/news?id=21375