RBI governor supports 25-bps rate cut due to inflation
after close1 source ↓written by the desknot a recommendation
- at the December
- 25-bps rate cut
The Reserve Bank of India (RBI) governor Sanjay Malhotra voted for a 25-bps rate cut at the December MPC meeting, citing a benign inflation outlook. He noted that lower real interest rates would stimulate demand and support growth. The minutes revealed that headline inflation in H1:2025-26 was softer than expected, driven by a decline in food prices.
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