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RBI MPC meet highlights: From India’s 'goldilocks moment’ to rate cut, here’s what RBI governor Sanjay Malhotra said today

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The RBI, citing a "Goldilocks moment" with 8% growth and 2.2% inflation, cut the repo rate by 25 bps to 5.25%. This move aims to support economic momentum, with inflation projected to remain subdued. The MPC anticipates continued growth driven by various domestic factors, despite external headwinds.