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Rate-cut room intact, signals RBI governor; bond yields decline

Business Standard

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November 25, 2025

The yield on the 10-year benchmark government bond fell on Monday, after Reserve Bank of India (RBI) Governor Sanjay Malhotra said the scope for further rate cuts as indicated during the October monetary policy meeting - had not diminished, as suggested by the latest data.

- ANJALI KUMARI

He added, however, that the rate-setting panel would take a call on timing.

His comments come a week ahead of the meeting of the six-member Monetary Policy Committee (MPC), which begins on December 3. The policy decision will be announced on December 5.

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