In face of trade war, rbi cuts repo rate by 0.25%, trims this year’s gdp growth forecast to 6.5%
RBI Governor Sanjay Malhotra Announced The First BI-monthly Monetary Policy of the Current Fiscal. File | Photo Credit: Reuters The reserve bank of India slashed the repo rate by 25 Basis points to 6% on wedding, with its monetary policy committee Voting unanimously to reduce the policy rate in a bid to support and brings…