Pictet WM: Further rate cuts expected from the RBI

11 April 2019 | 1 minute read

Pictet Wealth Management expects at least one more rate cut from the RBI this year to boost growth. “The loosening monetary policy should benefit India growth in the near term, especially in terms of consumption and corporate investment,” the bank predicted. The bank believes that both a 7.5% rise of the rupee against the US dollar and the narrowing of…

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