💨 Abstract

The Reserve Bank of India is expected to cut interest rates by 25 basis points to 6.00% at its April 9 meeting, according to a Reuters poll. This would mark the shortest easing cycle on record. The economy is forecast to grow at 6.4% this fiscal year, and inflation has eased to 3.61%. However, it may take a few months for rate cuts to work their way into the broader economy.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖