RBI governor signals there's room for rate cut as inflation...

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RBI governor signals there's room for rate cut as inflation drops

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RBI Governor Sanjay Malhotra indicated the possibility of rate cuts if inflation and growth continue to decline, potentially falling below the projected 3.7%. The MPC's neutral stance allows flexibility to respond to evolving conditions. The central bank is closely monitoring inflation trends and economic data to inform future policy decisions, considering both current and projected inflation.

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