The monetary policy committee (MPC) of the Reserve Bank of India (RBI) at its rate review held during the February 5-7 meeting considered a much bigger repo rate cut than the 25 basis points reduction that the central bank eventually announced.
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) at its rate review held during the February 5-7 meeting considered a much bigger repo rate cut than the 25 basis points reduction that the central bank eventually announced.