Economy Expect a spill-over of Yes Bank fiasco on the economy, says Nomura India’s Sonal Varma Updated : March 06, 2020 11:08 AM IST Expect the central bank to deliver an additional 50 bps rate cut by June, said Nomura India If you have domestic credit risk and a global slowdown hitting together, the aggregate impact on the asset quality cycle and on growth could be a lot larger. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.