RBI may stay nimble on rates as growth is seen slowing to 6.6%: Report

India's economic growth is expected to slow down to 6.6 percent this fiscal year, according to a report by Crisil. This slowdown in growth could prompt the Reserve Bank of India (RBI) to remain cautious when setting interest rates. The RBI may choose to keep rates stable, rather than making any significant changes, in order to balance the need to control inflation with the need to support economic growth. This decision would have implications for the country's financial markets and the overall economy.

Why it matters

India's growth slowdown may lead to easier monetary policy. Foreign investor inflows are improving, supporting financial markets.

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