RBI may up rates by 25 bps in Q4 2019, Q1 2020: Report
The central bank also cut its estimates on headline inflation, and expects the number to come at 2.8 per cent in March quarter, 3.2-3.4 per cent in first half of next fiscal and 3.9 per cent in third quarter of FY20.
RBI may increase rates by 25 basis points each in Q4 of 2019 and Q1 of 2020, Goldman Sachs said in a research report, Image source: Reuters