MPC Announces 35 Bps Cut With Dovish Stance
  • WebDesk BTVI
  • Aug 07 2019

The Reserve Bank of India (RBI) in its third bi-monthly monetary policy on Wednesday has reduced the repo rate or the rate at which it lends to the banks, by 35 basis points to 5,40 per cent, while maintaining its 'accommodative' stance. BTVI's Muralidhar Swaminathan and Piyush Jain discuss this with market experts and economists.