Now, with the current inflation data, there are very few people who are thinking that there could be a rate hike because of the language spoken in the last policy. They have also given up the rate hike situation. As far as rate cut is concerned, right now of course the easiest path is to follow what US is doing.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders