Policy Stance Shifted From Accommodative To Neutral: Urjit Patel
PUBLISHED ON: February 8, 2017 | Duration: 27 min, 03 sec
The Monetary Policy Committee has decided to shift the stance from 'accommodative' to 'neutral', said RBI Governor Urjit Patel, after the central bank held its key lending rate steady at a six-year-low of 6.25 per cent.
