Industry anticipates 25 bps rate cut from RBI
after close1 source ↓written by the desknot a recommendation
- in the upcoming
- 25-basis-point rate cut
Industry leaders are optimistic about a 25-basis-point rate cut in the upcoming RBI Monetary Policy Committee meeting, driven by controlled inflation and growth priorities. Anant Goenka, President of FICCI, emphasized that such a cut would support investment and demand. A weaker rupee may enhance export competitiveness, benefiting exporters as imports from China become pricier.
Not investment advice. For informational purposes only.