https://www.taxtmi.com/news?id=47165 A change in monetary policy stance to neutral was adopted to provide the central bank flexibility to cut, pause or hike the policy rate in response to evolving economic conditions. The Monetary Policy Committee combined a reduction in the benchmark short-term lending rate with the shift from accommodative to neutral, citing the package as intended to support growth amid uncertainty. The minutes record a majority vote for a larger rate cut and a dissent by an external member who preferred a smaller reduction. en-us Fri, 20 Jun 2025 17:31:03 +0530 Fri, 20 Jun 2025 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47165 A change in monetary policy stance to neutral was adopted to provide the central bank flexibility to cut, pause or hike the policy rate in response to evolving economic conditions. The Monetary Policy Committee combined a reduction in the benchmark short-term lending rate with the shift from accommodative to neutral, citing the package as intended to support growth amid uncertainty. The minutes record a majority vote for a larger rate cut and a dissent by an external member who preferred a smaller reduction. News - Fri, 20 Jun 2025 17:31:03 +0530 https://www.taxtmi.com/news?id=47165