RBI MPC Meeting Highlights: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.
All six members voted unanimously for the rate cut while maintaining a neutral stance. The rate cut comes even as the past ...
The Nifty 50 has dropped 4.4 per cent since the last policy meeting in December, impacted by weak corporate earnings and a ...
This calculated move is expected to catalyse credit growth across sectors, particularly benefiting SMES whilst providing much ...
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