RBI Governor Malhotra: Interest Rates to Stay Low for 'Long Period'

• RBI Governor Sanjay Malhotra expects India's interest rates to remain low for an extended period due to a robust economy.
• Potential trade deals with the US and Europe could further boost the economy, with the US deal possibly adding 0.5% to GDP.
• The RBI's Monetary Policy Committee recently cut the repo rate by 25 basis points to 5.25%.
• India's GDP grew by a surprising 8.2% in the July-September quarter, exceeding RBI's 7% forecast.
• Despite challenges like US tariffs and a widening trade deficit, Malhotra asserts Indian economic data is robust.

Why It Matters: RBI expects prolonged low interest rates, driven by strong economy and potential trade boosts.