Under RBI Governor Sanjay Malhotra, Arjuna's eye takes in a wider view

RBI Governor Sanjay Malhotra initiated his term with a 25 basis point repo rate cut, reducing it to 6.25%. This move contrasts sharply with his predecessor Shaktikanta Das' focus on inflation control. Malhotra hinted at prioritizing growth by adopting a more dovish stance on monetary policy, while maintaining a neutral stance to monitor inflation risks.