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'RBI Has Been Pragmatic At This Point In Time': Axis Bank Deputy MD

India's Monetary Policy Committee, led by RBI Governor Shaktikanta Das, kept the benchmark repo rate unchanged for the tenth straight meeting, but changed the stance to neutral, possibly paving the way for future rate cuts. After the review, the MPC decided the following on lending rates: To keep the repo rate unchanged at 6.5% with a 5:1 majority. The standing deposit facility rate, pegged 25 basis points below the repo rate, is at 6.25%. The marginal standing facility rate, which is 25 basis points above the repo rate, is 6.75%. #rbi #monetarypolicy #reporate -------------------------------------------------------------------------------------------------------------------------------------------------- For more videos subscribe to our channel:    / @ndtvprofitindia   Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-r... Follow NDTV Profit here Twitter:   / ndtvprofitindia   ,   / ndtvprofit   LinkedIn:   / ndtvprofit   Instagram:   / ndtvprofit   Facebook:   / ndtvprofit  

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