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Economy

Five reasons why BofAML expects RBI to cut rates by another 50 bps by March 2020

Updated : June 14, 2019 02:01 PM IST

BofAML is confident that RBI will reduce lending rates by another 50 bps by March 2020.
RBI cut interest rate by 25 bps, for the third time in a row, in its June policy meet.
RBI MPC changing its stance to accommodative supports their 50bp rate cut-by-March call, they added.
Five reasons why BofAML expects RBI to cut rates by another 50 bps by March 2020
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