Why RBI cut repo rate even with low inflation, high growth? Sanjay Malhotra explains
The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25%, citing benign inflation and a resilient economy. Despite a strong GDP growth forecast of 7.3% for the fiscal year, the central bank sees potential softening ahead. This move aims to support growth momentum while maintaining macroeconomic stability.
The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25%, citing benign inflation and a resilient economy. Despite a strong GDP growth forecast of 7.3% for the fiscal year, the central bank sees potential softening ahead. This move aims to support growth momentum while maintaining macroeconomic stability.
