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Economy

RBI Governor Shaktikanta Das "passes litmus test," says RSS economic wing

Updated : February 07, 2019 02:12 PM IST

The rate cut will politically benefit Modi's government as it would boost economic growth and lending to small businesses, Ashwani Mahajan, co-convenor of the Swadeshi Jagran Manch, said.
The central bank unexpectedly lowered interest rates and, as anticipated, shifted its stance to "neutral" to boost a slowing economy after a sharp slide in the inflation rate.
RBI Governor Shaktikanta Das
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