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Below the Quote on RBI MPC Announcement by Ashwini Shami, President and Chief Portfolio Manager, OmniScience Capital

“With inflation rate falling below the lower end of RBI’s target range of 2%, the rate cut was broadly expected. This takes the total rate cut this year since Feb 2025 to 1.25%. Governor described the current economic condition as a ‘rare goldilocks situation’ and with this cut a favourable backdrop has been set up for continued economic growth in the second half of FY26 and thereafter. RBI has also announced steps to enhance liquidity and stabilise rupee which are important factors for stability of the financial system and to sustained economic growth. Inflation outlook for this year and the next year remains supportive of growth, and the revision in GDP forecast takes the growth outlook closer to the 8% growth rate– which is our growth rate expectation for next many years.”

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