February 06, 2025 03:11 GMT
MNI RBI Preview - February 2025: New Regime to Cut.
New RBI Governor to Deliver a Cut.
- The newly appointed Governor Sanjay Malhotra convenes his first meeting and it will be closely watched to understand the intent of the new regime whose policy changes thus far, have been focused on market liquidity.
- Saturday's budget delivered welcome tax cuts to the middle class, but largely was viewed as focusing on economic resilience.
- Following October's food price surge, inflation has showed signs of moderating.
- The government has backed away from its longer term GDP growth target of 8% to recognize that 2025 is likely to see growth moderate to 6.3%-6.8%.
RBI Preview - February 2025 FINAL.pdf
94 words