Reserve Bank of India may cut the policy repo rate by 25 basis points to 5.75%

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The Reserve Bank of India may cut interest rates to cope with economic growth pressure, and may be more relaxed in the future. The interest rate cut will send a positive signal to the market and promote investment and consumption.

According to Jinshi data, analysts at the German Commercial Bank Research Center say that the Reserve Bank of India may cut the policy repo rate by 25 basis points to 5.75% on Friday. The Reserve Bank of India lowered its growth forecast to 6.5% at the April monetary policy meeting, considering 'exceptionally high uncertainty'.
India's overall inflation rate in April was 3.2%, below the central bank's target of 4%, which provides room for interest rate cuts to ease the downside risks to economic growth.

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Reserve Bank of India may cut the policy repo rate by 25 basis points to 5.75%

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