Bankers, economists expect RBI to cut key interest rate in second half of FY25 - Qoneqt
seach-icon
  • user-img

    Ansari Uzair in India

    07 Jun 04:56 PM


    thumbnail

    Bankers, economists expect RBI to cut key interest rate in second half of FY25

    RBI kept benchmark interest rate unchanged at 6.5%, instilling confidence in the market. Expectations of repo rate cut in FY25. Monetary Policy Committee meet post elections focused on inflation and economic growth. The central bank also retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while uncertainties related to food price outlook warrant a close monitoring.