SBI Predicts Rate Cut in Feb 2025 Amid Inflation Concerns

• India's inflation dropped to 4.31% in January, the lowest in five months, down from 5.22% in December.
• This decline follows the Reserve Bank of India's first rate cut in five years, reducing the policy rate to 6.25%.
• RBI projects f...

• 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 d...

• The Reserve Bank of India (RBI) has reduced its key repo rate by 25 basis points to 6.25%, marking the first cut since May 2020.
• This move aims to boost the slowing economy, with GDP growth forecasted at 6.4% for this fiscal year, th...

After the recent RBI mandate to banks and NBFCs against unsecured personal loans, the lenders have pulled back their hands from digital lending. My company has already started facing the impact. Tomorrow onwards we won't be able to disbu...