RBI Cuts Lending Rate to 6.25% in First Review Under Shaktikanta Das; Will Banks Pass it On?

In the first policy review under Governor Shaktikanta Das, the six-member Monetary Policy Committee voted 4:2 in favour of the rate cut, while the decision to change policy stance was unanimous.

from Top Business News- News18.com http://bit.ly/2RKLYkS

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