https://www.taxtmi.com/news?id=45878 The Monetary Policy Committee reduced the policy repo rate, adjusted the standing deposit facility, marginal standing facility and Bank Rate, and shifted the monetary policy stance from accommodative to neutral. This course responds to materially moderated headline inflation and a projected benign inflation outlook, while aiming to support domestic growth given remaining downside risks. The committee noted constrained space for further stimulus, recorded a majority vote for the chosen rate reduction with one dissent for a smaller cut, and committed to data-dependent monitoring of incoming information to guide future policy. en-us Fri, 06 Jun 2025 17:13:59 +0530 Fri, 06 Jun 2025 17:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45878 The Monetary Policy Committee reduced the policy repo rate, adjusted the standing deposit facility, marginal standing facility and Bank Rate, and shifted the monetary policy stance from accommodative to neutral. This course responds to materially moderated headline inflation and a projected benign inflation outlook, while aiming to support domestic growth given remaining downside risks. The committee noted constrained space for further stimulus, recorded a majority vote for the chosen rate reduction with one dissent for a smaller cut, and committed to data-dependent monitoring of incoming information to guide future policy. News - Fri, 06 Jun 2025 17:13:59 +0530 https://www.taxtmi.com/news?id=45878