26-April-2024
Subscribe   |   Unsubscribe   |   Forward to a Friend   |     
RBI
 
RBI may cut rates by up to 50 bps next year
09-Dec-2016

The rate cut cycle may not be over, and the Reserve Bank of India may go for a 25-50 bps cut in 2017, as the underlying disinflationary forces are expected to continue next year, says a report. RBI surprised with a status quo on policy, premised on upside risk to January-March quarter inflation and limited transient growth drag owing to demonetisation.

News Source:- http://economictimes.indiatimes.com/news/economy/policy/rbi-may-cut-rates-by-up-to-50-bps-next-year-report/articleshow/55872445.cms