RBI key rate cut? BofA-ML bets on two more in 2019
The Reserve Bank will reduce its key policy rates twice this year as it accommodates the concerns about growth amid the cooling price situation, says a brokerage report.
The RBI surprisingly cut its key lending rate by 0.25 percent to 6.25 as it sought to up the sagging growth amid slowdown in inflation at its February 7 policy. Image source: PTI