RBI rate-setter sees high inflation throttling policy space2 min read . Updated: 25 Nov 2020, 12:24 PM IST
Data due Friday will probably show gross domestic product shrank 8.7% in the July-September period, following a record 24% decline in the three months ended June, pushing the economy into an unprecedented recession
The Reserve Bank of India has cut interest rates by “a great deal" and more policy space can be created when inflation eases, its executive director and interest rate-panel member Mridul Saggar said.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category