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Below the Quote on RBI MPC Policy by Mr. Niraj Kumar, Chief Investment Officer, Future Generali India Life Insurance 

“The Monetary Policy Committee (MPC) has announced a decisive policy intervention, delivering a front-loaded 50 basis points reduction in the policy rate alongside a 100 basis points cut in the Cash Reserve Ratio (CRR). This bold and comprehensive policy action underscores the MPC’s unwavering commitment to reviving economic growth on a durable and sustained basis. By capitalizing on the favorable inflation outlook, the MPC has demonstrated both proactiveness and boldness in responding to the evolving macroeconomic environment. The shift in the policy stance to “neutral” indicates that the current phase of monetary accommodation is almost done, unless there is a significant deterioration in growth dynamics or an escalation in global uncertainties. Overall, today’s policy announcement can be viewed as an “Antidote for growth,” reflecting the central bank’s agility and responsiveness in a complex and dynamic global and domestic context, while reaffirming its commitment to maintaining policy credibility and financial stability.”

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