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News RBI

  • Sep 26, 2016
  • RBI may pause this time, but rate cut likely in Dec

    A majority of bankers and economists expect the Reserve Bank of India (RBI) to keep key policy rates in hold in its monetary policy review on October 4, according to a Business Standard poll. The central bank might cut rates by at least 25 basis points in its December review, since, by then, a clearer picture would emerge on the inflation as well as the economic growth trends. Top bankers, economists, rating agency executives and bond market players participated in the poll, where four out of 10 said there could be a rate cut in October.

    Source - http://www.business-standard.com