ET analysis: RBI Guv Sanjay Malhotra gets breather from rate cut pressure at MPC meet

RBI Governor Sanjay Malhotra, after a significant rate cut and CRR reduction, signals a shift in monetary policy. His actions, deviating from traditional central banking norms, aim to stimulate the economy and encourage banks to lower lending rates. Malhotra's bold move reflects a belief in decisive action over cautious deliberation, potentially influencing asset allocation and economic growth.