RBI Cuts Repo Rate By 25 bps
  • WebDesk BTVI
  • Feb 07 2019

The Reserve Bank of India (RBI) reduced the repo rate by 25 bps to 6.25 per cent from 6.5 per cent. The Monetary Policy Committee has changed its policy stance to 'neutral' from 'calibrated tightening' earlier. The committee has unanimously voted to change policy stance to 'neutral'.