RBI likely to cut repo rate by 25 Bps in Governor Sanjay Malhotra’s first policy move
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts predict that the central bank may reduce the repo rate by 25 basis points (bps) to stimulate economic growth while keeping inflation under control. According to a report by […]