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Monetary policy committee should match its words and actions on stance, says member Jayanth R Varma

External member Varma believes that a real policy rate of 1-1.5% is sufficient to glide inflation to the target. The current real rate of around 2% risks an unwarranted growth sacrifice. ....

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RBI MPC: SBI says rate cuts might take place only in Q3 FY25

RBI MPC meeting: The SBI report added that inflation is expected to decline till July, but increase after that to reach a peak of 5.4 per cent in September, followed by a deceleration. ....

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