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.

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.