Latest policy decision from Reserve Bank of India now out 6 April
– cuts marginal standing facility to 6.5%
– narrows mon pol corridor
– all 6 members of MPC voted in favour of decision
Minutes to be published on 20 April. Next MPC meeting on 5-6 June
RBI leaves benchmark rate unchanged at 6.25%, raises reverse repo rate to 6% from 5.75%
