RBI hints at potential repo rate cut ahead of MPC meeting
after close1 source ↓written by the desknot a recommendation
- Committee's meeting
- 3 to 5 December
- in October
- 0.25%
Reserve Bank of India Governor Sanjay Malhotra indicated that macroeconomic indicators suggest a scope for a repo rate cut. This statement precedes the Monetary Policy Committee's meeting from 3 to 5 December. Notably, India's headline inflation fell to a record low of 0.25% in October, supporting the potential for a rate adjustment.
Not investment advice. For informational purposes only.