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Normal monsoon may prompt rate cuts by RBI in August, says report

Updated : April 18, 2018 01:29 PM IST

The country is likely to witness a normal monsoon this year.
Monsoon season from June to September provides about 75 percent of the annual rainfall to the country.
With agflation (agricultural inflation) in check, inflation should average 4.3 percent in 2018-19.
Normal monsoon may prompt rate cuts by RBI in August, says report

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