Mumbai, Dec 5 (IANS) The Reserve Bank of India’s decision to cut the repo rate by 25 basis points on Friday received a strong positive response from economists, who believe the move will support growth at a time when inflation is at exceptionally low levels.

Experts said the policy action, along with the liquidity measures announced, shows that the central bank wants to use the current window of low inflation to strengthen economic momentum.

Rajani Sinha, Chief Economist at CareEdge Ratings, said the rate cut and the decision to maintain a neutral stance were in line with expectations.

She noted that the RBI has taken advantage of the current phase of very low inflation to give a push to growth.

“The liquidity-boosting steps will help smoothen the transmission of rate cuts already anno

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