Comments
The six-member Monetary Policy Committee headed by RBI Governor Urjit Patel will decide on key policy rates on Wednesday. While most market participants expect status-quo from the RBI, some believe there could be “out-of-the box” thinking by the RBI, making for a sharp cut in the key rates in order to revive private sector investments. A surprise cut could boost growth, which fell to a three-year low in the June quarter. If the RBI bites the bullet, rate-sensitive sectors will see momentary gain.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.