https://www.taxtmi.com/news?id=45836 The central bank cut the policy rate by 50 basis points to 5.5 per cent and reduced the cash reserve ratio by one percentage point, signalling frontloaded easing and reaffirming an inflation target of 3.7 per cent while retaining a 6.5 per cent GDP projection; these measures aim to inject liquidity into the banking system for lending and to support growth, coinciding with short-term exchange-rate volatility and modest currency appreciation. en-us Fri, 06 Jun 2025 12:16:02 +0530 Fri, 06 Jun 2025 12:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45836 The central bank cut the policy rate by 50 basis points to 5.5 per cent and reduced the cash reserve ratio by one percentage point, signalling frontloaded easing and reaffirming an inflation target of 3.7 per cent while retaining a 6.5 per cent GDP projection; these measures aim to inject liquidity into the banking system for lending and to support growth, coinciding with short-term exchange-rate volatility and modest currency appreciation. News - Fri, 06 Jun 2025 12:16:02 +0530 https://www.taxtmi.com/news?id=45836