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272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
VIDEOS
Economy

RBI cuts repo rate: Here's what policy makers and industry leaders have to say

Updated : April 04, 2019 05:40 PM IST

The RBI has kicked off the new financial year with a 25 basis point cut to the repo rate. This was the second successive rate cut, taking the key policy rate to 6 percent, its lowest level in a year.

Here are policy makers and industry leaders on the second successive rate cut by the central bank:

Krishnamurthy Subramanian, chief economic advisor: “In the previous cycle itself RBI had signalled that it was changing its policy stance and this is consistent with the policy stance. I think it will be good for growth.”

Uday Kotak, CEO, Kotak Mahindra Bank: “25 basis point is on expected line, so that is appropriate at the time… in this context of global growth slowing down, 7 percent plus growth is not bad at all.”
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