RBI expected to cut interest rates for first time in nearly five years
The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years due to easing inflation concerns. A majority of financial institutions believe the new Monetary Policy Committee, under Governor Sanjay Malhotra, will vote to reduce the repo rate by 25 basis points to 6.25%.
The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years due to easing inflation concerns. A majority of financial institutions believe the new Monetary Policy Committee, under Governor Sanjay Malhotra, will vote to reduce the repo rate by 25 basis points to 6.25%.
