RBI likely to go for further policy easing in Oct 4 meet

Times of India | Sep 13, 2019 at 7:51 AM
  • New Delhi, Sep 13 () The Reserve Bank of India is expected to go for a further rate cut in the next month’s monetary policy review as inflation is expected to pan out in line with the central bank’s projection, experts say.
  • Moderating inflation and a negative output gap are likely to open the door for an accommodative monetary policy.
  • The RBI rate cuts are necessary to bring real lending rates down to incentivise investment.