RBI Policy Update: MPC cuts growth forecast for FY20 MPC cuts repo rate by 35 bps to 5.4% from 5.75% The benchmark rate is now at its lowest since April 2010 One-year MCLR comes down to 8.25% per annum, from 8.40% annum The downward revision of the FY 20 GDP growth rate to 6.9 per cent with downward risk is a dovish signal #RBI #RBIMPC #MPCMeet #ShaktikantaDas #reporate #GDP #CPI #Economy #mpc #MonetaryPolicy #RBIPolicy #RBIMPCMeet #RBIMonetaryPolicy #RBI #reporate #reversereporate #FWM #ServicesThatSecureSmiles https://www.instagram.com/p/B06fXZfBDnR/?igshid=1en668v8k0d3u














