https://www.taxtmi.com/news?id=45866 A central bank monetary policy action combined a surprise larger-than-expected repo rate cut with a phased CRR reduction and a change in stance to neutral, aimed at accelerating transmission, lowering borrowing costs, and providing a major liquidity fillip to support growth; the measures prompted exchange rate volatility, a strengthening of the domestic currency during the day, and supportive equity market gains, while commentators warned future rate moves could affect the currency and advised monitoring incoming macroeconomic data. en-us Fri, 06 Jun 2025 16:16:03 +0530 Fri, 06 Jun 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45866 A central bank monetary policy action combined a surprise larger-than-expected repo rate cut with a phased CRR reduction and a change in stance to neutral, aimed at accelerating transmission, lowering borrowing costs, and providing a major liquidity fillip to support growth; the measures prompted exchange rate volatility, a strengthening of the domestic currency during the day, and supportive equity market gains, while commentators warned future rate moves could affect the currency and advised monitoring incoming macroeconomic data. News - Fri, 06 Jun 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=45866