https://www.taxtmi.com/news?id=21440 The Monetary Policy Committee unanimously reduced the policy repo rate by 25 basis points to 5.75 per cent, adjusted related LAF rates and shifted the stance from neutral to accommodative, stating the action aligns with achieving the CPI inflation target of 4% ( 2%) while supporting growth. The decision reflected a view that weakening demand, a widening output gap, softened inflation excluding food and fuel, and partial transmission of earlier rate cuts warranted accommodation, subject to monitoring of risks from food prices, crude oil, financial markets and fiscal developments. en-us Fri, 21 Jun 2019 16:20:22 +0530 Wed, 11 Feb 2026 15:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21440 The Monetary Policy Committee unanimously reduced the policy repo rate by 25 basis points to 5.75 per cent, adjusted related LAF rates and shifted the stance from neutral to accommodative, stating the action aligns with achieving the CPI inflation target of 4% ( 2%) while supporting growth. The decision reflected a view that weakening demand, a widening output gap, softened inflation excluding food and fuel, and partial transmission of earlier rate cuts warranted accommodation, subject to monitoring of risks from food prices, crude oil, financial markets and fiscal developments. News - Fri, 21 Jun 2019 16:20:22 +0530 https://www.taxtmi.com/news?id=21440