RBI MPC slashes GDP projection, announces 5th consecutive rate cut of 25 bps

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At a press meet after the three-day Monetary Policy Committee meet, RBI Governor Shaktikanta Das announced the fifth consecutive repo rate cut of 25 basis points while maintaining an accommodative stance and slashing projected GDP for ro19-20 from 6.9% to 6.1%. Here are the key announcements from the press meet. Watch

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    RBI MPC slashes GDP projection, announces 5th consecutive rate cut of 25 bps

    At a press meet after the three-day Monetary Policy Committee meet, RBI Governor Shaktikanta Das announced the fifth consecutive repo rate cut of 25 basis points while maintaining an accommodative stance and slashing projected GDP for ro19-20 from 6.9% to 6.1%. Here are the key announcements from the press meet. Watch

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    Watch RBI MPC slashes GDP projection, announces 5th consecutive rate cut of 25 bps With HD Quality

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    The Reserve Bank of India (RBI) Governor Shaktikanta Das Wednesday termed the steeper 0.35 percent repo rate cut as a 'balanced' call given the domestic and global developments. He explained that a 0.25 percentage points reduction, as it has done thrice this year since February, would have been 'inadequate', while a 0.50 percentage points cut would have been 'excessive'. The six-member Monetary Policy Committee (MPC) for the fourth consecutive times in a 4:2 vote resolved to cut the rates by 0.35 percent, taking the total cuts during 2019 to 1.10 percent to a near record low of 5.40 percent. Watch this video to know more. (Text: PTI)

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    Production House - Pinaka Mediaworks LLP
    - Associate Director: Rohit Kumar
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    Kids video | 56324 views

Beauty tips Video

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    Beauty Tips video | 7595 views

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    Subscribe to my Vlog Channel - Nidhi Katiyar Vlogs
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    Watch My other Vlogs -
    https://www.youtube.com/watch?v=ih_bKToLC3g&list=PLswt2K44s-hbKsvEBLEC5fHDkEp7Wwnpd

    Watch My Disney Princess to Indian Wedding Series here - Its fun to watch Indian Avatar of Disney Princesses -
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    Watch My Monotone Makeup Looks Here -
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    Love Affordable Makeup - Checkout What's new in Affordable -
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    Here is my Get UNREADY With Me -
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    -----------------------------------------------------------------------------------------------------------------------------------
    Follow me on all my social media's below:
    email :team.nidhivlogs@gmail.com
    Facebook: https://www.facebook.com/prettysimplenk/
    Twitter : https://twitter.com/nidhikatiyar167
    Instagram - https://www.instagram.com/nidhi.167/
    Shop affordable Makeup here -
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    Shop affordable Makeup here -
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    Beauty Tips video | 587 views