Tuesday, March 11, 2025 | 10:54 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Rate cut unlikely but a dovish policy on the cards

For RBI Governor Shaktikanta Das, this is probably the toughest monetary policy. The message it sends out is more important than the action

Shaktikanta Das
Premium

RBI Governor Shaktikanta Das

Tamal Bandyopadhyay
In March and May, the Reserve Bank of India (RBI) went for out-of-turn policy rate cuts following off-cycle meetings of its rate-setting body, the Monetary Policy Committee (MPC). This week, the Indian central bank will take a call on its policy rate after a three-day meeting of the MPC.

Following the last rate cut, the RBI policy repo rate, or the rate at which it infuses liquidity in the banking system, is four per cent; and the reverse repo rate, the rate at which commercial banks park extra liquidity with the RBI, is 3.35 per cent. Both are now at their
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in