As the markets await the announcement, the spotlight will be on the new RBI Governor and his stance on the financial scenario.

The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo rate cut to 6.25% from 6.50%.

The MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 fiscal year (FY26).