‘I am not Sanjay of Mahabharata’: RBI governor on where repo rate will head amidst Trump’s tariff wars

Amidst global economic uncertainties fueled by trade tariffs, the RBI has cut the repo rate to 6.5% and adopted an accommodative stance, signaling a potential for further rate reductions. While aiming for growth-supportive monetary policy, the RBI acknowledges challenges and revised downwards GDP growth projections for FY 2025-26 to 6.5%.