RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm

  • Posted on December 22, 2024
  • By Business News Today
  • 3 Views
RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm

Shaktikanta Das concluded his six-year term as RBI governor, prioritizing inflation control over rate cuts. His successor, Sanjay Malhotra, faces pressure to stimulate growth amid slowing GDP and dissent within the rate-setting panel. Malhotra's stance on rate cuts remains uncertain, particularly given the US Fed's actions and their impact on the rupee.
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