NEW DELHI: Industry experts have widely welcomed the Reserve Bank of India’s (RBI) recent decision to hold the repo rate at 5.5 per cent, calling it a measured and prudent approach in the current economic environment.
Manoranjan Sharma, Chief Economist at Infomerics Valuation and Ratings, said, “The ongoing trade-off between economic growth and inflation warranted a cautious approach. The RBI rightly chose to retain its neutral policy stance, which aligns with our forecast and reflects the current economic realities. As the popular American saying goes, ‘if it ain’t broke, don’t fix it’.”
He added that this sagacious MPC decision underscores the RBI’s careful calibration of policies aimed at managing inflation while supporting growth, a delicate balancing act critical in today’s uncertai