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Real interest rates need to be lower: RBI guv

Financial Express Chennai

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December 20, 2025

RESERVE BANK OF India (RBI) Governor Sanjay Malhotra believes real interest ratesboth headline and core-need to be lower, given the benign inflation outlook, minutes of the Monetary Policy Committee (MPC) meeting released on Friday showed.

- KSHIPRA PETKAR

Malhotra voted for a 25-basis point rate cut as demand pressures are minimal and projected to remain lowin the next three quarters. "This will also stimulate demand and be growth-supportive," he said.

Financial Express Chennai'den DAHA FAZLA HİKAYE

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'Uncertainty is the new normal'

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Modi pitches stability as firms commit to state

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Pvt credit gains ground in realty

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Listed firms power India's M&A boom

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'NPS will evolve as umbrella scheme for old-age needs'

With relaxed exit rules, flexible investments and a push to attract private, gig and selfemployed workers, the Pension Fund Regulatory and Development Authority (PFRDA) now aim to align retirement savings with life needs-pensions, portability and potentially healthcarecreating a more inclusive, marketdriven social security system, its chairman Sivasubramanian Ramann tells Prasanta Sahu.

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Amazon AI lists products without merchant consent

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Jubilant Foodworks'.

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