India, Dec. 5 -- Experts on Friday said the Reserve Bank of India has sent a clear message that it is actively using policy tools to safeguard economic growth amid ongoing global challenges.
With the central bank cutting the benchmark interest rate for the first time in six months, home, auto, and other loans are expected to become cheaper. The RBI also pledged a ?1 lakh crore liquidity infusion to support a "goldilocks" economy, even as global uncertainty persists, including high US tariffs.
Commentators noted that the 25-basis-point reduction in the repo rate, coupled with the RBI's neutral policy stance, underscores its intent to sustain growth momentum.
Published by HT Digital Content Services with permission from Dion Global Solutio...