Will RBI Governor Sanjay Malhotra kick off his RBI innings with a 25 bps rate cut in debut MPC meeting?

RBI MPC Meeting Rate Cut Chances: The newly-appointed RBI Governor Sanjay Malhotra is anticipated to announce a 25 basis points repo rate cut to 6.25% on February 7. With the slowing economic growth and easing inflation, the Monetary Policy Committee may favor rate reduction to stimulate the economy, complementing the Union Budget’s efforts. RBI MPC Meeting Rate Cut Chances: The newly-appointed RBI Governor Sanjay Malhotra is anticipated to announce a 25 basis points repo rate cut to 6.25% on February 7. With the slowing economic growth and easing inflation, the Monetary Policy Committee may favor rate reduction to stimulate the economy, complementing the Union Budget’s efforts.  Economic Times