MPC Minutes: Downbeat Monetary Policy Committee Did What It Could — Cut Rates
Police officers stand guard at the Reserve Bank of India (RBI) building in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

MPC Minutes: Downbeat Monetary Policy Committee Did What It Could — Cut Rates

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India’s six member Monetary Policy Committee warned about the grave implication of the Covid-19 crisis on the Indian economy, as it proceeded to cut its policy repo rate again by 40 basis points to...