RBI signals room for rate cuts as Indian economy remains resilient

The Reserve Bank of India (RBI) reported in its latest assessment that India’s economy continues to show resilience despite global uncertainties. It revised its inflation outlook downward and noted strong domestic demand, which has opened up potential for future interest-rate easing. The RBI’s commentary suggests more accommodative monetary policy could be forthcoming, with the aim of sustaining growth momentum and supporting consumer and corporate credit in the coming quarters.