RBI cuts repo rate by 25 bps, changes stance to ‘accommodative’
  • WebDesk BTVI
  • Jun 06 2019

The Reserve Bank of India (RBI) on Thursday declared another rate cut by 25 bps. This is the third consecutive rate cut by the central bank, but this time it has also changed its stance from ‘neutral’ to ‘accommodative’. First reactions from experts and majors from the sector.