More policy interest rate cuts to come: Fitch Solutions
Dec 08, 2020
Singapore, December 8 : Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 policy meeting in February 2021 and another 25 basis points by end-FY22.