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RBI Governor Sanjay Malhotra | Photo credit: PTI The possibility of a slowdown in growth momentum in the second half of FY26 and the first half of FY27 due to headwinds from trade and rate-related uncertainties prompted the RBI’s six-member interest rate panel to opt for a growth-supportive rate cut of 25 basis points (bps), […]
All six members of the Monetary Policy Committee (MPC) of the RBI preferred to take a step back, to assess the impact of their earlier reduced decisions in the midst of benign inflation and challenges for the growth of trade policy, according to the minutes of the last meeting of the MPC. Even when the […]
