Global Market Outlook

INDIA: RBI GOES FOR A BIGGER CUT

09 Jun, 2025

INDIA: RBI GOES FOR A BIGGER CUT

RBI’s policy decision announced on Friday was on unexpected lines. The MPC unexpected delivered few surprises including a larger than expected immediate repo rate cut of 50 bps and a 100 bps deferred CRR reduction. Simultaneously, the stance was reversed back to Neutral from Accommodative, thereby suggesting an end to the rate easing cycle.

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