RBI May Cut Rates By Another 25-50 Bps In FY20: Kotak
  • WebDesk BTVI
  • Aug 23 2019

MPC minutes show that addressing the fading growth impulses remains the highest priority for the RBI, and most members expect transmission to pick up pace. In this context, Upasna Bhardwaj, VP and Economist at Kotak Mahindra Bank, said the bank continues to believe that weak domestic and global growth impulses, benign crude price outlook and easy monetary policy by DM central banks will provide space to the RBI to cut the repo rate by another 25-50 basis points in FY20. Here's more.