Is another repo rate cut on the table as RBI MPC meets? What to expect from Friday’s policy outcome
The Reserve Bank’s rate-setting panel began its two-day deliberations on Wednesday, with markets closely watching whether borrowing costs could fall further amid supportive macro conditions and improving sentiment.The six-member Monetary Policy Committee (MPC), headed by RBI Governor Sanjay Malhotra, started discussions on the next set of bi-monthly interest rates against the backdrop of a growth-focused…