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Sunday, 29 September 2019

RBI may go for another rate cut on October 4: Experts

The RBI may cut the key policy rate again on Friday, the 5th in row, to complement the government's measures like reducing corporate tax and promoting credit offtake to spur economic activity during the festive season amid range-bound inflation. The RBI has already slashed the repo rate 4 times aggregating to 1.10 percentage points since January.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2oaJeUy

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