Thursday, June 6, 2013

Expect a 25 bps rate cut from RBI's June 19 policy: NS Venkatesh, IDBI Bank

......A 25 bps cut can be expected from the June 19th policy because the GDP growth has come down to around 4.8% and inflation has started showing signs of lower trajectory. Therefore, RBI will surely have a room to cut rates which will stimulate the economic growth for the country. .......

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