The Times of India

Monetary policy view: Should RBI cut rates now? PwC says no need to waste a bullet as growth holds firm

PwC's Ranen Banerjee advises against an interest rate cut by the RBI in February 2026, stating it would be wasting a bullet given robust economic growth and benign inflation. He believes private capital expenditure is driven by demand visibility and capacity utilization, not interest rates, suggesting a prolonged pause is more appropriate.