Rate cut at this stage will be premature and very very risky, says RBI Governor

RBI Governor Shaktikanta Das warns against premature interest rate cuts due to inflation risks, maintaining a growth forecast of 7.2% for FY25. He highlights India's stable economic fundamentals, robust international investor confidence, and proactive regulatory measures ensuring financial sector stability.

Oct 18, 2024 - 22:30
Rate cut at this stage will be premature and very very risky, says RBI Governor
RBI Governor Shaktikanta Das warns against premature interest rate cuts due to inflation risks, maintaining a growth forecast of 7.2% for FY25. He highlights India's stable economic fundamentals, robust international investor confidence, and proactive regulatory measures ensuring financial sector stability.