Interest rates may be cut by 0.50%: According to Kotak Securities, decision is possible due to reduction in inflation, RBI meeting to be held in December
Mumbai18 minutes ago copy link The Reserve Bank may announce a reduction in repo rate by 0.25-0.5% in the coming months. Inflation has remained subdued due to reduction in food prices and the impact of the recent GST cut. For this reason, RBIU will get an opportunity to liberalize monetary policy to support economic growth….