RBI likely to cut interest rates by 25 bps on April 9: Experts

The recent announcements of liquidity injections are likely intended to nudge a faster transmission of rates, said ICRA
Retail inflation slipped to seven-month low of 3.61% in February mainly due to easing prices of vegetables, eggs, and other protein-rich items, creating space for the RBI to go for another cut in interest rate next month.

The Reserve Bank of India (RBI) is likely to cut key interest rates again by up to 25 basis points this week, as lower inflation provides support for an accommodative monetary policy stance, and there is a pressing need to stimulate growth at a time when the reciprocal tariffs announced by the U.S. is posing a challenge to the global economy.

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