RBI cuts policy rate by 25bps to support growth, maintains neutral stance

HT Bureau GUWAHATI, Feb 7: In a move aimed at bolstering economic growth, the Reserve Bank of India (RBI) reduced the policy rate by 25 basis points, marking a shift in its inflation-growth trade-off. The decision, according to Sakshi Gupta, Principal Economist at HDFC Bank, reflects the central bank’s newfound “flexibility” in its inflation targeting […]