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RBI May Announce Fifth Rate Cut Of The Year Today: 10 Things To Know

Some economists even expect a bigger rate cut by the RBI today
Some economists even expect a bigger rate cut by the RBI today
The RBI is predicted to lower its key lending rate by at least 25 basis points to 5.15 per cent, which would take cumulative cuts so far this year to 135 bps, according to news agency Reuters. In the August review, the MPC reduced the repo rate by 35 basis points, following three bi-monthly reductions of 25 basis points each. "After all the measures taken by the government to revive the economy it may be expected that the RBI wil...
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