RBI to cut rates tomorrow? Sitharaman has a message for the Monetary Policy Committee
- Posted on February 6, 2025
- By Business News Today
- 3 Views
RBI to cut rates tomorrow? Sitharaman has a message for the Monetary Policy Committee
Finance Minister Nirmala Sitharaman highlighted that the RBI recognizes the need for increased liquidity, as it deliberates on a potential 25 basis-points rate cut, the first in five years. This decision comes in the context of recent budget announcements and efforts to maintain fiscal deficit targets.
