'I'm not Sanjay from Mahabharat': RBI Governor quips on future rate cuts

Quick Summary:

RBI cuts repo rate by 25 bps to 6%, lowers FY26 GDP growth forecast to 6.

Malhotra credited this to a “decisive improvement in the inflation outlook” driven by lower food prices.

Expanding on the central bank’s position, Malhotra said, “The government has done its bit in the Budget, and we have responded with a rate cut and an accommodative stance.

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Category: BusinessFinance

Markets: India

Topics: Rbi rate cut Sanjay malhotra Rbi Gdp Repo rate today Mahabharat Repo rate Rbi news Rbi monetary policy repo rate Rbi repo rate Inflation Rbi policy Trump tariff Rbi monetary policy Rbi repo rate cut Repo rate cut Rbi policy today

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Article Type: News Report

Published On: 2025-04-09 @ 14:49:05 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 502 words

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