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RBI keeps powder dry for future cuts, show minutes

Hindustan Times Lucknow

|

October 16, 2025

India’s monetary policy committee unanimously voted to keep interest rates unchanged earlier this month to keep the powder dry and leave room for future cuts depending on the situation, showed minutes released on Wednesday.

- Shayan Ghosh shayan.g@livemint.com

RBI keeps powder dry for future cuts, show minutes

Sanjay Malhotra, RBI governor.

(REUTERS)

However, there were differences around the stance of the monetary policy among members of the panel of six, with two external candidates—Nagesh Kumar and Ram Singh—in favour of changing it from neutral to accommodative. An accommodative stance would signal that the central bank supports growth and indicates that interest rates could go down, whereas a neutral stance allows the rate-setting panel to decide the course based on fresh data.

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Hindustan Times Lucknow

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RBI keeps powder dry for future cuts, show minutes

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time to read

1 mins

October 16, 2025

Hindustan Times Lucknow

UK TARGETING INDIAN, CHINESE COMPANIES OVER RUS OIL TRADE

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time to read

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Hindustan Times Lucknow

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India’s exports cross $400 bn in HI FY26 despite headwinds

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Hindustan Times Lucknow

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Rajnath doubles financial aid to non-pensioner ex-servicemen

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time to read

1 mins

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