RBI may cut repo rate to 5% in February meeting
after close1 source ↓written by the desknot a recommendation
- in its February
- 5%
The Reserve Bank of India (RBI) is expected to reduce the policy repo rate by 25 bps to 5% in its February monetary policy meeting, according to a report from Union Bank of India. This potential cut is attributed to benign inflation and subdued price pressures.
Market participants should monitor the CPI and GDP revisions, which may influence the timing of this decision. A rate cut could stimulate economic activity and impact borrowing costs.
Not investment advice. For informational purposes only.