 "Reserve Bank of India (RBI) Governor Shaktikanta Das during a press conference after delivering the Monetary Policy Statement, at the RBI headquarters in Mumbai, Friday, April 5, 2024. (PTI Photo)")
Only if growth falters will we see a rate cut sooner rather than later. As things stand today, no one will be surprised if the RBI delays the rate cut to December, or even February 2025
For a change, let’s look at next week’s Reserve Bank of India (RBI) policy as a cricket match. Not a limited-overs game; but a Test match. The six-member Monetary Policy Committee (MPC), the rate-setting body of the Indian central bank, is the team, and RBI Governor Shaktikanta Das its captain.
(This cricket analogy comes to mind as the T20 World Cup started on June
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