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RBI Rate Cut To Spur Growth, Inflation To Ease In Fiscal 25, Predicts India Rating

Summary by NDTV Profit
India Ratings and Research expects the Reserve Bank of India's monetary policy committee to cut the benchmark interest rate by 25 basis points in its policy review meeting next month to stimulate growth. According to Devendra Kumar Pant, India Rating Chief Economist and Head of Public Finance, headline inflation in fiscal 2025 is projected to ease to 4.7%, with monetary easing likely limited to 75 basis points in fiscal 2026.India Rating also no…
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NEWS9 LIVE broke the news in on Thursday, March 27, 2025.
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