RBI Monetary Policy Committee's Kumar reveals a key reason behind February rate cut
- Posted on February 24, 2025
- By Business News Today
- 4 Views
RBI Monetary Policy Committee's Kumar reveals a key reason behind February rate cut
RBI Rate Cut: A significant slowdown in India's manufacturing sector has been a key factor behind the monetary policy committee's decision to cut the key repo rate. The decline in urban consumption and private investments, along with global trade tensions, has impacted job creation and economic growth in India.
