RBI has, since January, cut its policy rate four times.
Analysts have started talking about at least a 25 bps cut immediately.
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
The central bank is the money manager of the government, and not a guarantor of any debt.
The panel was set up to suggest ways to reform India's monetary policy.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances