https://www.taxtmi.com/news?id=45847 The central bank cut the policy rate by 50 basis points and moved its stance to neutral, noting very limited space for further rate cuts given growth and inflation projections; future actions will be data-dependent. It also cut the Cash Reserve Ratio by 100 basis points in four tranches to 3 percent, unlocking banking liquidity to boost lending, with faster rate transmission expected and risks from weather and tariff developments to be monitored. en-us Fri, 06 Jun 2025 14:01:03 +0530 Fri, 06 Jun 2025 14:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45847 The central bank cut the policy rate by 50 basis points and moved its stance to neutral, noting very limited space for further rate cuts given growth and inflation projections; future actions will be data-dependent. It also cut the Cash Reserve Ratio by 100 basis points in four tranches to 3 percent, unlocking banking liquidity to boost lending, with faster rate transmission expected and risks from weather and tariff developments to be monitored. News - Fri, 06 Jun 2025 14:01:03 +0530 https://www.taxtmi.com/news?id=45847