Quote on RBI monetary policy Commitee by Mr. Saurav Ghosh, co-founder of Jiraaf
Below the Quote on RBI monetary policy Commitee by Mr. Saurav Ghosh, co-founder of Jiraaf
“With its 25-basis-point repo rate cut and a reaffirmation of a neutral policy stance, the RBI has struck a careful balance between price stability and growth support. The lowering of the rate reflects the comfort the central bank now has with subdued inflation, while the boost in the GDP growth forecast to 7.3% from 6.8% signals renewed confidence in India’s economic momentum. This step ushers in what feels like a new policy era one aimed at enabling cost-effective borrowing to power infrastructure, business expansion, and consumer demand. By leaving the door open for another 25 bps cut (possibly taking terminal rates to around 5%), the RBI underscores its commitment to supporting growth without compromising its inflation mandate. In short: cheaper credit, stable prices, and a growth trajectory making this a pivotal moment in India’s economic journey.”
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