*”RBI Policy”* declared today (06 June @ 11.45am)

Bullet points –
➡ Repo rate Cut = 0.25%
➡ Reverse Repo Rate cut = 0.25%
➡ Prediction in Slow down in Inflation & Growth
➡ Lowered charges on ATM usage
➡ 6:0 voting for rate cut this Stance is saying next policy also have rate cut
➡ RTGS & NEFT (Net banking) is now free. All banks should transfer this benefit to customers.
➡ Small Finance bank (NBFC) licenses will be given more
➡ GDP prediction reduced from 7.2% to 7.0%
➡ World most EM currency in Depreciate
➡ US – China Trade war big Worry for World Economy..