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Motilal Oswal
Economy

RBI likely to cut repo rate by 25 basis points on June 6: CNBC-TV18 Poll

Updated : June 05, 2019 04:40 PM IST

70 percent of the economists polled by CNBC-TV18 expect the repo rate to be cut by a quarter of a percentage point.
For the full financial year 2020, a majority of the respondents expect 50 basis points cut.
On the macro front, 70 percent of the respondents expect the RBI to lower the GDP growth forecast of 7.2 percent for FY20.
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