Another Rate Cut if Inflation Slows? Here's What RBI Governor Sanjay Malhotra Says

Another rate cut if inflation slows? Here's what RBI Governor Sanjay Malhotra says

India’s central bank will consider cutting interest rates further if inflation falls below its projection or growth comes under pressure in Asia’s third-largest economy, RBI Governor Sanjay Malhotra has said.

RBI Governor Says Rate Moves to Hinge on Growth, Inflation Mix

India’s central bank will consider cutting interest rates further if inflation falls below its projection or growth comes under pressure in Asia’s third largest economy, Governor Sanjay Malhotra said on Tuesday.

RBI to 'wait and watch' before further rate cuts: Governor Malhotra - OrissaPOST

New Delhi: Reserve Bank will “wait and watch” the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI’s Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forw…

Indian Economy Expected To Grow 6.5% In Current Fiscal : Economic Advisory Council

The Indian economy is expected to grow at 6.5% in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank…