nifty 23,026.95
58.70 (0.26%)
07-Apr-2026 | 13:54
sensex 74,133.51
26.66 (0.04%)
07-Apr-2026 | 14:00
MOFSL 692.75
-12.10 (-1.72%)
07-Apr-2026 | 13:54
EcoScope Back
RBI cuts policy rate by another 25bp, changes stance to accommodative
06-Jun-2019

In line with market expectations, the RBI cut its repo rate for the third consecutive time to 5.75%. Consequently, the reverse repo rate stands at 5.50% and the marginal standing facility (MSF) rate at 6.0% (Exhibit 1). Notably, it was a unanimous decision by all the six members of the MPC to cut the policy rates and change the stance from 'neutral'  to 'accommodative'