RBI likely to cut interest rate again in June; no cut thereafter, says IHS Markit report
Updated : May 08, 2019 01:54 PM IST
In a report on the forecast for global monetary policy actions and resulting economic impact, the London-based global information provider said RBI is likely to tighten its monetary policy stance in early-to-mid 2020.
RBI had cut interest rate by 25 basis points each in February and April to boost economic growth.
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