RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth
Follow Us on Google News Mumbai, April 9 (IANS) RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth. The RBI Governor said that the decision to cut … Read more