Moneycontrol PRO
you are here: HomeNewsOpinion

Monetary Policy | Why the rate cut will not lead to higher growth

One of the biggest reasons why the monetary policy is not having and is unlikely to have the desired effect is the state of government finances.

June 06, 2019 / 01:50 PM IST
Monetary Policy | Why the rate cut will not lead to higher growth

The Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) unanimously decided to cut the policy repo rate by 25 basis points on Thursday. It also decided to change the stance from neutral to accommodative. After the national income data was released last week, which showed that the gross domestic product (GDP) growth slipped to 5.8 percent in the last quarter of 2018-19, compared with 8 percent in the first quarter, it was clear that the MPC had no choice...

  • PRO Panorama

    Moneycontrol Pro Panorama | IPOs are flying thick and fast

    Dec 7, 2021 / 03:10 PM IST

    In today’s edition of Moneycontrol Pro Panorama: The big question before RBI Governor, what SBI’s valuation says, mapping the recovery, Cummins India CFO interview and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers