RBI to cut rates tomorrow? Sitharaman has a message for the Monetary Policy Committee
Finance Minister Nirmala Sitharaman highlighted that the RBI recognizes the need for increased liquidity, as it deliberates on a potential 25 basis-points rate cut, the first in five years. This decision comes in the context of recent budget announcements and efforts to maintain fiscal deficit targets.
Finance Minister Nirmala Sitharaman highlighted that the RBI recognizes the need for increased liquidity, as it deliberates on a potential 25 basis-points rate cut, the first in five years. This decision comes in the context of recent budget announcements and efforts to maintain fiscal deficit targets.
