RBI may cut rates on respite from inflation

The time is ripe for the Reserve Bank of India (RBI) to start the rate reversal cycle. economists say. This is because owing to a high base effect, inflation is expected to remain low for a few more months. Economists expect a cut in the repo rate, or the rate at which banks borrow from RBI, in at least one of the two policy review meetings scheduled for the March-April period…………

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