RBI monetary policy pragmatic; should cut rate in coming months, say experts
- Posted on October 9, 2024
- By Business News Today
- 5 Views
RBI monetary policy pragmatic; should cut rate in coming months, say experts
The Reserve Bank of India has kept its key interest rate unchanged at 6.5% and shifted its policy stance to 'neutral'. This indicates a possible rate cut in the coming months. The decision aims to balance inflation control with sustained growth, while taking into account geo-political and economic factors.
