RBI eases policy rate to 6.25%; changes stance to neutral

Mumbai (IANS) In the final monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks to 6.25 percent.

The decision was guided on the basis of an assessment of the evolving macroeconomic situation, the RBI said.

The central bank was more accomodating, changing its monetary policy stance from "calibrated tightening" to "neutral".

-------Trending Video------

 

DGP MV RAO से Reporter Post की खास बातचीत, नकस्लियों के लिए डीजीपी ने कह दी बड़ी बात
Follow Us
Read Reporter Post ePaper
--Advertisement--
Weather & Air Quality across Jharkhand