Hesitate To View RBI's Rate Cut Action As Fair: Morgan Stanley
  • Saba Ashraf
  • Jun 04 2013

In a Bloomberg TV India exclusive, Chetan Ahya, Managing Director and Asia-Pacific Economist at Morgan Stanley, said that the Reserve Bank of India should not cut rates too aggressively.“The RBI has already gone a bit too quick on rate cuts and the cuts have not transmitted into lending rates,” he added.