RBI could have cut rates a bit more
.....The 25 bps cut in Repo and CRR was expected, given the movement in macro parameters. But perhaps the RBI could have gone in for a bigger 50 bps cut as the sentiment needs a big boost and investment also needs to pick up significantly, going forward. Overall, however, this is a step in the right direction and marks the start of a rate-cutting cycle...............
Read - HBL
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