Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers relief on inflation and growth, uncertainties surrounding crude oil prices and the monsoon necessitate continued vigilance. The central bank is closely monitoring potential inflation spillover effects and external challenges, maintaining a wait-and-watch approach for future policy moves.
The RBI, led by Governor Sanjay Malhotra, maintains a cautious stance on interest rates despite easing West Asian tensions. The central bank prioritizes data-driven decisions over pre-set paths, closely monitoring crude oil prices, monsoon effects, and potential inflation…
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