April 28, 2024 20:13 (IST)
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RBI cuts repo rate to 6.25 per cent at its latest policy review

RBI cuts repo rate to 6.25 per cent at its latest policy review

Mumbai, Oct 4 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on Tuesday, decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect.

Raghuram Rajan says monetary policy committee a momentous step to fight against inflation

Raghuram Rajan says monetary policy committee a momentous step to fight against inflation

Mumbai, June 20 (IBNS) RBI Governor Raghuram Rajan on Monday said setting up of the independent monetary policy committee (MPC) as a 'momentous step' taken by the government to fight against inflation.