Business RBI's change in stance as good as additional 25 bps rate cut, says Shaktikanta Das Updated : July 22, 2019 11:34 AM IST While the RBI has cut rates 75 bps since the start of 2019, banks have only eased their key rate by 15-20 bps. Das also said future policy decisions will depend on incoming data, particularly inflation. The RBI's next policy meeting is on August 7. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.