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

MUMBAI: RBI governor Sanjay Malhotra assured markets that the central bank would provide all the liquidity required to ensure that interest rates are passed on. In his first media interaction, he provided a peek into his thought process.

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%.