RBI MPC Member Sees Negligible Chance Of Rate Hike In Near Term

A member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has indicated that a rate hike in the near future is highly unlikely. This statement comes on the heels of the RBI's significant rate cuts totaling 125 basis points since February 2025, aimed at stimulating economic growth amid ongoing challenges. The MPC's current stance reflects a cautious approach to monetary policy, as the RBI focuses on balancing inflation control and supporting economic recovery. With inflation rates remaining within manageable levels, the central bank is under less pressure to raise interest rates immediately. As India navigates various economic pressures, including global uncertainties, the RBI's decisions will play a crucial role in shaping the financial landscape in the coming months. Analysts will be closely monitoring future MPC meetings for any shifts in policy that could impact borrowing costs and overall economic activity.