New RBI Governor set to begin interest rate cuts as global risks escalate
- Posted on February 6, 2025
- By Business News Today
- 2 Views
New RBI Governor set to begin interest rate cuts as global risks escalate
India's new central bank governor, Sanjay Malhotra, is anticipated to cut interest rates in his first policy meeting, pivoting towards economic growth. Economists predict a reduction in the benchmark repurchase rate by at least 25 basis points, amidst global trade tensions and recent economic slowdown data.
