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Story summary
- Sanjay Malhotra, governor of the Reserve Bank of India, says rates will remain low for an extended period to support growth amid global uncertainties.
- He noted that evolving U.S. trade agreements could shave about 0.5 percentage points from India's growth.
- Despite 8.2% growth in the July-September quarter, U.S. tariffs slow future growth.
- The RBI cut its key repo rate and remains ready for further easing to improve liquidity.
