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RBI plans small rate cuts in February to balance economic growth and inflation control.
The Reserve Bank of India (RBI) is expected to make small interest rate cuts in its upcoming Monetary Policy Committee meeting in February.
This cautious approach is influenced by the US Federal Reserve's recent rate cut and concerns over inflation, which have affected the Indian rupee.
The RBI aims to balance economic growth with inflation control, as retail inflation has recently moderated but still remains a concern.
3 months ago
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