New Delhi, Feb. 6 -- Pankaj Chadha, Executive Director of EEPC India, said that the Reserve Bank of India's decision to keep the policy repo rate unchanged at 5.25 pc was largely anticipated, given the 100 basis points reduction earlier in the current fiscal and the strong macroeconomic fundamentals.
"Headline inflation remains at a record low, and the economy is projected to grow at a healthy 6.8-7.2% in FY27," he noted.
Chadha added that banks which have not fully passed on the rate cut benefits to borrowers should do so promptly.
Commenting on the engineering exports sector, he acknowledged the challenges posed by Trump-era tariffs and global uncertainties but expressed optimism about the outlook, citing the India-US trade deal and on...