Amid slowing economic growth, some unanimous decisions were made at by India's Monetary Policy Committee headed by RBI Governor Shashikanta Das.
The RBI cut the repo rate by 25 basis points to 5.75 percent on Thursday, 6 June — which is the third time in six months. The stance has been changed from "neutral" to "accommodative" and the GDP growth forecast for FY20 has been adjusted to 7 percent from 7.2 percent in earlier projection.
In The Big Story podcast we take a look at the key takeaways and experts’ opinions on how these decisions may impact the economy and the average citizen. Tune in!
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