RBI cuts rates by 40 bps; maintains accommodative stance
The RBI held an unscheduled Monetary Policy Committee meeting to undertake a set of measures to infuse liquidity into the system reeling under the economic impact of the lockdown. [You may also read: The Monetary Policy Committee explained] On 22nd May, the RBI Governor, Shaktikantha Das, addressed the nation. It was his third address since …
RBI cuts rates by 40 bps; maintains accommodative stance Read More »