RBI Expected to Cut Repo Rate Amid Growth Concerns

• Sanjay Malhotra, the new RBI Governor, chairs his first MPC meeting, with a 25 bps repo rate cut widely anticipated.
• Analysts expect the rate cut to 6.25% to support economic growth, which is projected to hit a four-year low.
• The decision follows the Union Budget's tax cuts aimed at boosting consumption, despite ongoing inflation concerns.

Source: The Economic Times, Hindustan Times, The Economic Times, Moneycontrol, The Economic Times