RBI credit policy: MPC cuts repo rate by 35 bps to 5.40%, maintains accommodative stance

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The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year. It was fourth rate cut by the central bank in a row. The short-term lender rate now stands at 5.40 per cent. Persistent weakening of core inflation has kept the headline rate below the central bank’s 4 per cent target for the 11th straight month in June and, thus, the rate cut was largely in line with Street expectations.

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Watch RBI credit policy: MPC cuts repo rate by 35 bps to 5.40%, maintains accommodative stance With HD Quality.

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    The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year. It was fourth rate cut by the central bank in a row. The short-term lender rate now stands at 5.40 per cent. Persistent weakening of core inflation has kept the headline rate below the central bank’s 4 per cent target for the 11th straight month in June and, thus, the rate cut was largely in line with Street expectations.

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    The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday slashed the short-term lending rate, repo rate, by 25 basis points in its fourth bimonthly policy review. This was the fifth consecutive rate cut effected by the Shaktikanta Das-led panel, and it was in addition to a cumulative 110 basis points rate cut that RBI has announced so far this year. The repo rate now stands at 5.15 per cent, the lowest since March 2010.

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    Amid on-going COVID pandemic, Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4% and to continue with accommodative stance. In a virtually press conference, RBI Governor Shaktikanta Das on June 04 said, “Monetary Policy Committee (MCC) voted to maintain status quo i.e. repo rate remains unchanged at 4%. MCC also decided to continue with accommodative stance as long as necessary to revive and sustain growth on durable basis and to mitigate impact of COVID on economy.”


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    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol con

    Cooking video | 3244 views

  • Watch What is Wheat Beer? | व्हीट बीयर क्या है? | #shorts Video
    What is Wheat Beer? | व्हीट बीयर क्या है? | #shorts

    What is Wheat Beer? | व्हीट बीयर क्या है?

    Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535

    Check out our website - www.cocktailsindia.com

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    Disclaimer:
    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in th

    Cooking video | 3037 views

  • Watch Which is the First BAR in India? Do you know? | भारत में पहला BAR कौन सा है? | #shorts Video
    Which is the First BAR in India? Do you know? | भारत में पहला BAR कौन सा है? | #shorts

    भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?

    #firstbar #Indiasfirstbar #bar #cocktailsindia

    Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf

    Please follow me on Instagram: https://www.instagram.com/cocktailsindia2016/
    Please follow me on Facebook: https://www.facebook.com/cocktailsindia1975/
    For Business / Suggestion: sponsor.cocktailsindia@gmail.com

    Affiliate Link
    ********************************************************************
    My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
    My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
    My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
    My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
    My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
    My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
    My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa

    Home Bar Accessories - https://amzn.to/3LedEOv
    Glassware - https://amzn.to/3KRPSrf
    Ice mould - https://amzn.to/3EWlecr

    Disclaimer:
    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho

    Cooking video | 2955 views

  • Watch एक Wine की बोतल की सेल्फ लाइफ क्या होती है? | What is the shelf-life of a bottle of wine? | #shorts Video
    एक Wine की बोतल की सेल्फ लाइफ क्या होती है? | What is the shelf-life of a bottle of wine? | #shorts

    एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
    #wine #Wineshelflife #cocktailsindia #dadabartender


    Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535

    Check out our website - www.cocktailsindia.com

    Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf

    Please follow me on Instagram: https://www.instagram.com/cocktailsindia2016/

    Instagram (2): www.instagram.com/dada.bartender

    Please follow me on Facebook: https://www.facebook.com/profile.php?id=100092566239501&mibextid=LQQJ4d

    For Business / Suggestion: dada@cocktailsindia.com
    sponsor.cocktailsindia@gmail.com

    Affiliate Link
    ********************************************************************
    My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
    My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
    My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
    My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
    My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
    My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
    My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa

    Home Bar Accessories - https://amzn.to/3LedEOv
    Glassware - https://amzn.to/3KRPSrf
    Ice mould - https://amzn.to/3EWlecr

    Disclaimer:
    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink kn

    Cooking video | 2993 views