Adequate room for RBI to cut interest rates, says Neelkanth Mishra of Credit Suisse
Updated : March 27, 2019 01:28 PM IST
According to Mishra, money supply to GDP growth has lagged for almost two years now and the solution to the problem of low liquidity would be rate cuts but minor cuts may not work.
Even if inflation rebounds to 3.5 percent, there is still adequate room for rate cuts to happen, Mishra said.
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