💨 Abstract

The Reserve Bank of India's Monetary Policy Committee, under new Governor Sanjay Malhotra, is expected to announce its policy on Friday. Experts anticipate a 25 basis points repo rate cut to support economic growth while controlling inflation. The rate cut is due to eased inflationary pressures, primarily from a decline in the prices of essential vegetables. The RBI may also implement additional liquidity measures to ensure adequate cash flow within the banking system.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖