The BOT’s seven-member Monetary Policy Committee voted 5-2 to lower the one-day repurchase rate by a quarter point to 1.75%, the lowest level in two years, as predicted by 17 of 21 economists ...

India’s Monetary Policy Committee (MPC), which consists of three members of Reserve Bank of India (NSE:BOI) (RBI) and three external members, cut the key repo rate by 25 basis points to 6% ...