Mumbai, Dec. 5 -- RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that currently marks high economic growth and exceptionally low inflation.
The remarks came as the Reserve Bank announced its latest monetary policy decision, cutting the repo rate by 25 basis points to 5.25 per cent, after the three-day review meeting that concluded today.
Opening his statement, Malhotra said the economy had navigated an "eventful and challenging" 2025 with resilience.
"The economy witnessed robust growth and benign inflation...We approach the new year with hope, vigour and determination to further support the economy and accelerate progress," he said.
Highlighting the unprecedent...
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