‘Exceptional’: SBI hails RBI’s repo rate cut; report says Central bank played its part, now markets should remain disciplined

The Reserve Bank of India cut the repo rate to 5.25% amid strong economic growth and exceptionally low inflation, a move hailed as exceptional by SBI Research. This decision, supported by a unanimous Monetary Policy Committee vote, aims to sustain India’s economic momentum. The central bank anticipates continued growth and low inflation, though external factors pose potential risks.