RBI's Das Says 35 Basis-Point Cut Seen as 'Balanced'

The video discusses the Reserve Bank's decision to cut the policy repo rate by 35 basis points instead of the conventional 25. It explains the rationale behind this decision, considering the evolving macroeconomic outlook. The Reserve Bank has been proactive in its monetary policy since 2019, reducing the repo rate by 75 basis points and shifting its stance to accommodative. The MPC prioritizes boosting aggregate demand and private investment while maintaining inflation targets. The decision for a 35 basis points cut is seen as balanced, considering global and domestic developments.

What change did the Reserve Bank make to its policy stance since February 2019?

What was the cumulative reduction in the policy repo rate by the Reserve Bank until the latest meeting?

Why did the MPC prioritize addressing growth concerns?

What was the MPC's view on the adequacy of a 25 basis points cut?

What was the rationale behind choosing a 35 basis points reduction in the policy repo rate?