Monetary policy view: Should RBI cut rates now? PwC says no need to ‘waste a bullet’ as growth holds firm
Monetary policy view: Should RBI cut rates now? PwC says no need to ‘waste a bullet’ as growth holds firm
PwC's Ranen Banerjee advises against an interest rate cut by the RBI in February 2026, stating it would be "wasting a bullet" given robust economic growth and benign inflation. He believes private capital expenditure is driven by demand visibility and capacity utilization, not interest rates, suggesting a prolonged pause is more appropriate.
PwC's Ranen Banerjee advises against an interest rate cut by the RBI in February 2026, stating it would be "wasting a bullet" given robust economic growth and benign inflation. He believes private capital expenditure is driven by demand visibility and capacity utilization, not interest rates, suggesting a prolonged pause is more appropriate.
PwC's Ranen Banerjee advises against an interest rate cut by the RBI in February 2026, stating it would be "wasting a bullet" given robust economic growth and benign inflation. He believes private capital expenditure is driven by demand visibility and capacity utilization, not interest rates, suggesting a prolonged pause is more appropriate. 
