Four out of the six members of the Monetary Policy Committee voted in favour of a 25 Basis Points Cut in Repo Rate. Banks need to do more to pass on lower rates to customers: RBI governor GDP growth projected at 7.2% for financial year 2019-20, says RBI The Reserve Bank of India (RBI) on Thursday cut its key interest rate by 25 basis points or 0.25 % to 6 %, in a widely expected move to propel...