RBI: Indian RBI's monetary easing to be limited to 75 bps in FY26: Ind-Ra

India Ratings and Research (Ind-Ra) expects the Indian central bank's monetary policy committee to opt in for a 25-basis points (bps) cut in policy rates in its April 2025 meeting. "We expect the headline inflation in FY25 to cool off to 4.7 per cent.... Monetary easing may be limited to 75 bps in FY26," Devendra Kumar Pant, chief economist and head of public finance at Ind-Ra, said.