Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important.
With inflation on a downward trend, the RBI's Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forward. The central bank has cummulatively reduced the repo rate by 100 basis points since February.
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on Wed, 16 Jul 2025 15:39:05 +0530
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Tags: RBI to 'wait and watch' before further rate cuts: Governor Malhotra
