Stocks

Will RBI resort to aggressive rate cut?

| Updated on August 06, 2019 Published on August 07, 2019

 

Reserve Bank of India will declare its monetary stance on Wednesday. Widespread expectations among marketmen is that the central bank will deliver its fourth successive quarter-point interest rate cut to 5.5 per cent, amid calls from businessmen, investors and the government for further easing rates, as a slowdown gripping the economy becomes more visible and harsh. Interest-sensitive sectors, such as banks, NBFCs, realty and automobile will remain in focus.

Published on August 07, 2019
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