Fixed Income And Currency Market

31 May 2019

RBI Could Cut Repo Rate by 50 bps in June

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The sharp deceleration in GDP growth in the 4th quarter of fiscal 2018-19, with growth at 5.8% against full year 2018-19 growth of 6.8%, could prompt RBI to cut rates by 50bps in its policy review this week.

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Arjun Parthasarathy
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