Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Rate Cuts Part Of RBI Effort To Prop Up Growth: MPC
The Morning Standard
|June 21, 2025
The 50 bps repo rate cut and 100 bps reduction in cash reserve ratio announced on June 6 are part of the Reserve Bank's effort at propping growth that has lost some momentum due to the ongoing trade war and aided by the six-member panel's unanimous benign outlook on inflation on falling food prices and forecast for a normal monsoon season, show the minutes of June 4-6 MPC meeting released by RBI on Friday.
The 50 bps rate cut was the only time it did in recent years after the 75 bps reduction in May 2020. During Covid pandemic. During the time, CRR was slashed to 3%.
The current package is aimed at offering stability and to aid growth in near term. The MPC changed the stance to neutral from accommodative, announced in the April policy.
Cette histoire est tirée de l'édition June 21, 2025 de The Morning Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Morning Standard
The Morning Standard
Israeli bombardment intensifies: 14 dead in Gaza
ISRAELI strikes killed at least 14 people overnight in Gaza City, health officials said, as Israel ramps up its offensive there and urges Palestinians to leave.
1 mins
September 21, 2025
The Morning Standard
Bomb threat mails send over 100 city schools into a tizzy
MORE than 100 schools in the capital received bomb threat emails on Saturday morning which turned out to be hoaxes after police conducted a thorough search of the premises, officials said. The subject of the e-mail mentioned \"Bombs Placed in Your Building - React or Face the Disaster\".
1 min
September 21, 2025
The Morning Standard
I don't want you!
Stunned techies scramble to US, scrap fly-out plan
1 min
September 21, 2025
The Morning Standard
MODI @ 75: ARCHITECT OF AMBITION
IN the sprawling scroll of India’s story, few figures have fused longevity with luminosity, persistence with power, endurance with epochal impact quite like Prime Minister Narendra Modi.
4 mins
September 21, 2025
The Morning Standard
Till the Cows Come Home
A centuries-old alpine celebration of cattle herding is one of Europe’s most charming festivals that celebrtes the bond between animals, people and the land
3 mins
September 21, 2025
The Morning Standard
'CORECT' BOND: SHIELD AGAINST CALAMITY
INDIA stands at a critical juncture in its approach to managing natural disasters.
4 mins
September 21, 2025
The Morning Standard
Huge rate cuts on stadium booking to boost concerts, live events in city
AFTER losing out major concerts and cultural shows to cities like Mumbai, Ahmedabad and Gurugram for years, largely due to steep stadium-booking charges, the Delhi government on Saturday announced a substantial cut in venue rates, a move officials and industry leaders hailed as “historic.”
1 min
September 21, 2025
The Morning Standard
Guardians of the Ecological Cycle
The sun was slipping down the horizon when a pair of big ears, winglike, appeared on the crest of the hill.
2 mins
September 21, 2025
The Morning Standard
Trump says US sinks 3rd drug-smuggling boat this month
DONALD Trump said on Friday the US military has carried out its third fatal strike against an alleged drug smuggling vessel this month.
1 mins
September 21, 2025
The Morning Standard
Tejashwi raises Bihar pitch, says won't contest polls without a CM face
RJD leader Tejashwi Prasad Yadav on Saturday said the Grand Alliance (GA) will not contest Bihar Assembly elections without a CM face, mounting pressure on the partners.
1 min
September 21, 2025
Listen
Translate
Change font size