New Delhi, Dec. 5 -- Economists and bankers have opined that the Reserve Bank of India (RBI) has "delivered on most fronts" following the apex bank's Monetary Policy Committee's decision to reduce the repo rate by 25 basis points to 5.25%.

Radhika Rao, Executive Director and Senior Economist, DBS Bank said, "The RBI delivered on most fronts, lowering rates as per our expectations and taking pro-liquidity steps, as well as measures to prevent a re-hardening in borrowing costs. The policy decision was likely dictated by a higher weightage given to below-target inflation, which had provided a sizeable real rate buffer."

"Policy guidance was also constructive, which is likely to be received positively by the onshore markets. The committee t...