RBI Policymakers Meet: Interest Rate Decision on Horizon

  • The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is currently holding its bi-monthly meeting to decide on the repo rate, the key interest rate that impacts borrowing costs in the economy.
  • Market participants are anticipating a possible rate cut by the RBI to boost economic growth.
  • Recent economic data has shown signs of slowing down, leading to calls for a rate reduction to stimulate borrowing and investment.
  • However, the RBI must also balance growth concerns with inflation control.
  • The final decision on the repo rate will be announced by the RBI Governor after the MPC meeting concludes.

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