National News

"This was expected": Former Union Finance Minister P Chidambaram on RBI reducing repo rate to 5.25%

Dec 05, 2025

Speaking to ANI, P Chidambaram said, "This was expected because according to RBI and government data, the inflation has come down. Wholesale Inflation has also come down, and there is enough liquidity. Therefore, this was expected that the RBI cut the policy rate by 25 basis points. It should help those who borrow on EMI basis and it should also help only marginally, the investors. So, we will have to wait and see whether this is sufficient or more has to be done. Apart from the policy rate, there are several other things that the government should do and the RBI should do. I hope, after reducing the policy rate, they attend to the other things."