💨 Abstract
India's central bank, RBI, is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth, which is projected to fall to a four-year low. Over 70% of respondents in a Reuters poll forecast a 25 basis points cut in the key repo rate to 6.25%.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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