Cuts rates News
No aggressive rate cut, open market operations will continue: Gokarn The Reserve Bank of India (RBI) is unlikely to cut rates aggressively even as economic growth appears to have slowed and inflation has started moderating.
“That sort of room for very aggressive and very rapid rate cuts simply does not exist in today’s situation. The behaviour of commodity prices is and remains a risk to our inflation and growth outlook. Let’s wait and watch and see
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