RBI rate cut delay will lead to more growth sacrifice; must deliver 0.25% reduction in Feb review

Deutsche Bank suggests the RBI should begin reducing key rates by 0.25 per cent starting February. They believe delaying this will harm growth and that the RBI risks falling behind. Rates should be cut again in April, bringing the repo rate to 6 per cent by mid-2025. Inflation is expected to be lower than the RBI's forecast.