Quote on RBI Monetary policy BY Mr. Rohit Murarka, Business Head, Kotak Cherry

2025-04-09 05:09:25 pm | Source: Kotak Cherry

Quote on RBI Monetary policy BY Mr. Rohit Murarka, Business Head, Kotak Cherry

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Below the Quote on RBI Monetary policy BY Mr. Rohit Murarka, Business Head, Kotak Cherry

''The unanimous 25 bps rate cut brings the repo rate down to 6.00%. This aligns with RBI’s ongoing efforts to support growth amidst rising global uncertainties. With inflation remaining well within target levels and ample liquidity in the banking system, the RBI had room to continue its easing cycle, and perhaps more importantly, the stance was changed from “neutral” to “accommodative” for the first time since early 2022.''

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Quote on RBI Monetary policy BY Mr. Rohit Murarka, Business Head, Kotak Cherry

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