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RBI GUV HINTS AT MORE RATE CUTS
Orissa POST
|April 10, 2025
Monetary Policy Committee voted unanimously to cut the repurchase or repo rate by 25 basis points to 6%. It had reduced rates by an equal measure in Feb -- the first cut since May 2020
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Mumbai, April 8: Back after just two back-to-back 25 basis points rate cuts, Reserve Bank Governor Sanjay Malhotra Wednesday hinted at another reduction in key policy rate by changing the central bank's monetary stance to 'accommodative' from 'neutral', which may further lower EMIs for consumers.
The bi-monthly Monetary policy is scheduled to be announced June 6.
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