MPC's 5:1 vote for repo status quo indicates rate cut cycle likely in second half of 2024

An interesting observation in this MPC meeting is that while 5 MPC members voted for staying the course, 1 MPC member, Professor Jayanth R. Varma, actually voted to reduce the policy repo rate by 25 bps.

Related Keywords

,Monetary Policy ,Jp Morgan ,Paytm Payments Bank ,Faqs On Paytm Payments Bank ,Monetary Policy Committee ,Variable Rate Reverse Repo ,Variable Rate Repo ,Indian Government Bonds ,Unmesh Kulkarni ,Rbi Monetary Policy ,Rbi Repo Rate ,Rbi Interest Rate Decision ,Jayanth Varma ,