You are here

RBI set for third interest rate cut of the year

India's central bank is confident that inflation is stable enough to weather the summer monsoon

Mumbai

INDIA's central bank is expected to cut interest rates for a third time in five months when it meets this week, confident that inflation is stable enough to weather the summer monsoon.

The Reserve Bank of India (RBI) has already lowered its benchmark repo rate, the level at

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom