Do you expect RBI to cut the repo rate again in June?
The situation is quite dynamic now. A rate cut will depend on how the inflation situation plays out. I don’t think it will be possible for RBI to cut rates immediately. While the central bank will maintain its stance of a lower-rate regime, I believe they will wait for more cues and monitor the inflation levels. For this calendar year, I expect two more rate cuts from RBI. But it may not happen in June...
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