“MPC unanimously voted to reduce policy rate by 25bps to 6.25% from 6.50% – As widely expected. They unanimously decided to continue with “neutral” stance with unambiguous focus on inflation. They also noted that while growth is recovering, it remains below last year’s level, and inflation trends allow for rate easing, RBI Governor Sanjay Malhotra […]
The post RBI Cuts Policy Rate to 6.25%, Maintains Neutral Stance: Satish Chandra Aluri Analyzes Impact first appeared on Business News Week.