New Delhi, March 31 -- The Reserve Bank of India (RBI) is set to announce its monetary policy decision in the second week of April. Economists believe that a rate cut is necessary to support economic growth, with some advocating for a 50-basis-point (bps) reduction, while others expect a more cautious approach.

Debopam Chaudhuri, Chief Economist at Piramal Group, believes that the RBI should adopt a more accommodative stance. He highlighted that the economic slowdown in the latter half of FY25 was partly due to high borrowing costs and slow credit growth. Therefore, policymakers should take measures to ease these bottlenecks.

"A 50 bps rate cut seems to be the need of the hour. Whether RBI will consider it is difficult to predict. At a ...