RBI MPC Highlights: Repo Rate Cut Amid 'Higher' Global Uncertainties; Vows To Curb Rupee Volatility
The movements in Rupee must not be looked at from day-to-day movements and seen at a longer time frame, RBI Governor said, adding that global uncertainties are a higher worry at this stage. The rate that the rupee settles is a function of demand and supply.
RBI MPC Meeting Highlights: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said that inflation is easing, supported by a favourable food price outlook. Food inflation is expected to decline further,
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The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
The key event comes after the Union Budget last Saturday, which unveiled tax sops worth Rs 1 lakh crore to boost consumption.
This will be the first MPC meeting since Governor Malhotra took office in December 2024, following the end of Shaktikanta Das ...
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