At the sixth bi-monthly monetary policy review on Thursday, the RBI reduced the repo rate by 25 basis points to 6.25% and also changed the policy stance to 'neutral' from the earlier 'calibrated tightening' it had said in the December review, signalling further softening on its approach to rates if the inflation prints at the projected lower levels.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2UKFjJ9
0 comments: