Govt Needs To Work In Conjunction With RBI's Measures: Sajjid Chinoy
  • WebDesk BTVI
  • Aug 08 2019

The Reserve Bank of India (RBI) lowered the repo rate by bigger-than-expected 35 basis points, the fourth straight reduction by the central bank. Speaking to BTVI, Sajjid Chinoy, Chief India Economist at JP Morgan Chase, said RBI statement signals it is concerned about the growth. Chinoy stressed that the government needs to work in conjunction with RBI's measures and highlighted the need for reforms that will change the mood of the economy. Here's more.