Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...
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ET Now on MSNRBI Policy Full Text: Governor Sanjay Malhotra's full speech on Repo Rate, inflation and GDP growthThe RBI, under new Governor Sanjay Malhotra, reduced the interest rate for the first time in nearly five years on Friday to ...
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...
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