RBI to maintain rates on June 7, cut likely in July-September quarter: Poll
The survey forecast just one more rate cut in the coming year, with most expecting the Reserve Bank of India (RBI) to cut by 25 basis points to 6.25% in the July-September quarter, and thereafter hold steady until the end of the third quarter next year.
Raghuram Rajan, Governor, Reserve Bank of India (RBI). Image Source: IANS