RBI expected to cut repo rate to 5.25% in December
after close1 source ↓written by the desknot a recommendation
- during its meeting
- 5.25%
- its meeting
- 3 to 5 December
- in October
- 0.25%
The Reserve Bank of India (RBI) is anticipated to lower its repo rate by 25 bps to 5.25% during its meeting from 3 to 5 December. This decision follows a significant drop in consumer inflation to 0.25% in October, providing the RBI with the flexibility to stimulate consumption. A rate cut could enhance liquidity and support economic growth.
Not investment advice. For informational purposes only.