rbi statement, 2019-06-06
Against this backdrop, all members of the MPC (Dr. Chetan Ghate, Dr. Pami Dua, Dr. Ravindra H. Dholakia, Dr. Michael Debabrata Patra, Dr. Viral V. Acharya and Shri Shaktikanta Das) unanimously decided to reduce the policy repo rate by 25 basis points and change the stance of monetary policy from neutral to accommodative.
Sentiment: rate_cut
Topic: mp_interest_rate