The Reserve Bank of India is expected to maintain the 6.5% repo rate, with some speculating a shift to neutral potentially leading to future rate cuts. Despite slow economic growth and easing global rates, inflation stays below the central bank’s target. The monetary policy committee’s new members might influence future rate decisions.
Related Posts
Ex-finance minister Arun Jaitley had given go-ahead to clean up bad loans, says Raghuram Rajan
Former RBI Governor Raghuram Rajan revealed that ex-Finance Minister Arun Jaitley supported his decisive action on tackling bad bank loans. Rajan attributed the NPA surge […]
IFC commits $400 million to Bajaj Finance to help boost climate finance, empower women
IFC, part of the World Bank Group, has pledged $400 million to Bajaj Finance Ltd. This funding will broaden financing options for customers purchasing electric […]