NEW DELHI, June 6: RBI cuts benchmark lending rate by 0.25 per cent to 5.75 per cent.
RBI changes monetary policy stance from neutral to accommodative.
RBI lowers GDP growth forecast for 2019-20 to 7 pc from 7.2 pc.
RBI raises inflation projection to 3-3.1 pc for April-September.
RBI removes charges on NEFT and RTGS transactions; asks banks to pass on benefit to customers.
(agencies)
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