Commercial real estate will also benefit from the move, experts said. (Photo: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday unanimously cut the repo rate by 25 basis points to 5.25% and retained a neutral policy stance. RBI Governor Sanjay Malhotra said that the current economic conditions, with inflation at a benign 2.2% and growth at 8% in the first half of the year, present a rare “Goldilocks period” while announcing the key decisions after the three-day MPC meeting.

The central bank also announced open market operations worth Rs 1 lakh crore in G-Secs and a three-year dollar-rupee buy-sell swap. The bank expects growth to moderate slightly, while inflation is projected to remain at or belo

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