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------

.

नियोजन नीति 1932 खतियान स्थानीय नीति OBC आरक्षण को लेकर समन्वय समिति में हुई चर्चा ||Reporter Post||
Follow Us
Read Reporter Post ePaper
--Advertisement--
Weather & Air Quality across Jharkhand