RBI policy meet: MPC begins deliberations on key rates; street divided on 25 bps rate cut
RBI policy meet: MPC begins deliberations on key rates; street divided on 25 bps rate cut
The RBI's Monetary Policy Committee is deliberating, with markets largely anticipating a status quo on interest rates. However, some experts advocate for a 25 basis points cut, citing benign inflation and GST-driven tax relief to boost consumption and credit growth, despite ongoing global uncertainties. The committee's decision is expected on Wednesday.
The RBI's Monetary Policy Committee is deliberating, with markets largely anticipating a status quo on interest rates. However, some experts advocate for a 25 basis points cut, citing benign inflation and GST-driven tax relief to boost consumption and credit growth, despite ongoing global uncertainties. The committee's decision is expected on Wednesday.