The Reserve Bank of India (RBI) has adopted an accommodative monetary policy stance, cutting repo rates and revising GDP growth estimates lower. This follows a drop in retail inflation to a six-year low. The move aims to boost economic growth.
The Reserve Bank of India (RBI) has adopted an accommodative monetary policy stance, cutting repo rates and revising GDP growth estimates lower. This follows a drop in retail inflation to a six-year low. The move aims to boost economic growth.