Monetary Policy Committee meet: RBI may cut interest rate to support GDP growth

| Dec 03, 2019, 06:30:00 AM | TOI.in
  • Share
A three-day Monetary Policy committee meeting to begin on December 3 and will continue till December 5. The Reserve Bank may cut the interest rates for the sixth straight time on concluding day to support the growth. For quite some time growth has seen a negative trend and government fears that this trend will continue in the coming months. GDP growth has slowed to a pace of 4.5 per cent in July-September. RBI governor Shaktikanta Das had previously said that interest rates will reduce until growth revives.

Top Viral Videos

Short Videos