Shaktikanta Das maiden monetary policy News
The central bank also decided to set up an internal working group (IWG) to review agricultural credit and arrive at a workable policy solution.
The central bank also cut its estimates on headline inflation.
The CSO has estimated GDP growth at 7.2 percent for 2018-19.
For the third quarter of 2019-20, the inflation target is set at 3.9 percent.
This is Das' first monetary policy review after taking charge as the RBI Governor, replacing Urjit Patel.
Deviating from the practice of releasing the resolution of MPC in afternoon, the RBI will place it on its website at 11.45 am today.
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