Mr. Ashwani Dhanawat, Executive Director and Chief Investment Officer, Shriram General Insurance
The Reserve Bank of India-led Monetary Policy Committee has shifted to a neutral stance, maintaining the repo rate at 6.5% for the tenth consecutive time. This change suggests the potential for future rate cuts, as RBI Governor Shaktikanta Das indicated. Governor highlighted that domestic growth remains robust, driven by private consumption and investment, providing room to focus on achieving the 4% inflation target. The MPC will closely monitor inflation trends to balance growth and price stability.
