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GDP growth in Q4 likely to moderate to 6.1-5.9%, may lead RBI to cut rates, says SBI report

Updated : May 28, 2019 07:27 AM IST

The slip in GDP growth may force the Reserve Bank of India to move with a deeper 0.50 percent cut in rates at its next review to propel the sluggish economy, the SBI Ecowrap report released on Monday said.
The growth could come at 6.1-5.9 percent for the January-March period, getting the full-year growth to 6.9 percent, an estimate by the economic researchers at the country's largest lender SBI ahead of the announcement of official data on Thursday, said.
GDP growth in Q4 likely to moderate to 6.1-5.9%, may lead RBI to cut rates, says SBI report

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