RBI Cuts Repo Rate

RBI Cuts Repo Rate by 25bps to 5.75%

The Reserve Bank of India, RBI cuts repo rate by 25bps to 5.75% from 6% on 6th June 2019. RBI also decided to change the stance of monetary policy to accommodative from neutral and lowered GDP growth forecast to 7% from 7.2%, in its second Bi-monthly monetary policy meet of the financial year 2019-20.

RBI cuts repo rate

RBI Cuts Repo Rate By 0.25% – Meeting Highlights

RBI cuts repo rate by 0.25% to 6% on 4th April 2019. RBI has also maintained the policy stance neutral and lowered the retail inflation and GDP forecasts.

5 Most Important Economic Indicators

An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance