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Expect RBI To Cut Key Lending Rates In August Policy: Kotak Report


The third consecutive rate cut announced in June was the first time since 2013 amid a widespread slowdown in the economy

Mumbai:

A Kotak report on Saturday said it expects the Reserve Bank to cut policy rates for the fourth time in a row in the next Monetary Policy Committee meeting due in August.

The third consecutive rate cut announced in June was the first time since 2013 amid a widespread slowdown in the economy.

The brokerage firm listed three significant reasons for a rate cut: CPI inflation was well below the RBI's target of 4 per cent, RBI ...


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