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TMI BlogRate cut will boost private consumption, investment, says RBI GovernorX X X X Extracts X X X X X X X X Extracts X X X X ..... Rate cut will boost private consumption, investment, says RBI Governor X X X X Extracts X X X X X X X X Extracts X X X X ..... ate consumption and support a revival in private corporate investment, Reserve Bank Governor Sanjay Malhotra had opined while voting for a 25 basis points cut in repo rate along with other five member ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s of the rate-setting panel earlier this month. Governor Malhotra-headed Monetary Policy Committee (MPC) had reduced the short-term lending rate by 25 basis points to 6 per cent on April 9. A simila ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r reduction was done in February. "When consumer price inflation is decisively around its target rate of 4 per cent and growth is still moderate and recovering, monetary policy needs to nurture dome ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stic demand impulses to further increase the growth momentum. This is specially so amidst an uncertain global environment, which has amplified downside risks to growth," said the minutes of the MPC me ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eting released by the RBI on Wednesday. Malhotra had said it will bolster private consumption and support a revival in private corporate investment activity. "Going forward too, considering the ev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olving growth-inflation trajectories, monetary policy needs to be accommodative," he said.
The next meeting of the MPC is scheduled from June 4-6, 2025. PTI NKD NKD ANU ANU X X X X Extracts X X X X X X X X Extracts X X X X ..... - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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