The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.

Discover the RBI's 25 basis points repo rate cut to 6.25%, its impact on economic growth, credit support, and inflation projections. Learn how the rate change benefits borrowers and businesses while maintaining flexibility for future policy adjustments.

Governor Sanjay Malhotra, in his first monetary policy review, is widely expected to cut rates to stimulate economic growth, which is projected to hit a four-year low.

As per a Reuters poll, more than 70% of respondents expect that RBI would change the repo rates by 25 basis points to 6.25%. However, others expect that the rates would remain unchanged as the inflation is still above the target range set by the Reserve Bank.

Friday forecasted inflation to ease to 4.2 per cent in the upcoming financial year, buoyed by favourable conditions such as good crop production and ease in vegetable prices.

On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that the central ba