RBI's 'dream policy' for the govt: What it means

The RBI has lowered the repo rate (the rate at which it lends to banks) by 0.25% to 6.25% for the first time in 17 months because 'inflation projection is within range and RBI's mandate is also to ensure economic growth'. This was the first policy review for the former economic affairs secretary, Shaktikanta Das, who recently took over as RBI governor.

from Times of India http://bit.ly/2TD5uBx