RBI Policy LIVE: RBI cuts repo rate cut by 25 bps to 6.25%

All roads lead to Mint Street. Urjit Patel's first RBI policy announcement will kick off soon. The newly minted Monetary Policy Committee will play a key role in decision-making this time around. 

 

According to Ripples Advisory here is no mention of removal of liquidity deficit, because there is no change in it. The systemic central banks of the world continue to pose uncertainty for EMs, causing volatility in EMs due to mixed US macro data. Patel touches upon US elections. 

 

Patel has been associated with the RBI from the mid-90s. Patel gives due credit to predecessors. He welcomes the MPC members who will be a source of support to the country, he says. For more click us in https://www.linkedin.com/title/ripples-advisory