RBI cuts repo rate by 25 bps, changes stance to ‘accommodative’; raises hopes for more cuts

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Slashing benchmark lending rates for the third time this year, RBI cut its repo rate by 0.25 per cent Thursday and said its future monetary policy stance will be more accommodative. Watch LIVE News, Latest Updates, Live blog, Highlights and Live coverage online at firstpost.com.

rbi cuts repo rate by 25 bps, changes stance to ‘accommodative’; raises hopes for more cuts.. This was the third repo rate cut in as many policies since February 2019.

Highlights of the RBI’s monetary policy announcement > RBI to do away with payment charges on RTGS, NEFT transactions > RBI lowers GDP growth target to 7% from 7.2% for FY20 > MPC cuts repo rate by 25 bps, changes policy stance to "accommodative" * Repo rate reduced by 25 bps to 5.75 percent for third time in a row

RBI cuts repo rate by 25 bps to 6%, loans may get cheaper. which changed its stance to neutral from accommodative at the beginning of the year.. "The markets had already factored in a 25.

RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stance to ‘neutral’. RBI Cuts Repo Rate By 0.25%, Shifts Stance To Accommodative. Moneycontrol. 0:48.. Reserve Bank Of India Cuts Repo Rate By 25 bps To 6.25%. The Financial Express.

RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stance to ‘neutral’ The Reserve Bank of India (RBI) on February 7 lowered the repo rate-its key lending rate-by 0.25 percentage points to 6.25 percent and changed its stance to "neutral" from "calibrated tightening", signalling higher chances of more cuts in the.

RBI cuts repo rate by 25 bps, changes stance to ‘accommodative’; raises hopes for more cuts – The RBI Governor. lowered the repo rate – its key lending rate- by 25 basis points to 5.75 percent, flagged concerns about weakening growth, but changed the stance to "accommodative" from "neutral".

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The Reserve Bank of India (RBI) in its second bi-monthly monetary policy of fiscal 2019-20 has reduced the repo rate by 25 basis points to 5.75 per cent. The MPC has changed the stance to ‘accommodative’ from ‘neutral’.

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Read more about RBI cuts repo rate by 35 bps to 5.40%, reduces FY20 growth forecast to 6.9% on Business Standard. Repo rate is the rate at which the central bank lends money to the commercial banks, in case of any shortfall of funds.