RBI lowers GDP growth forecast for FY20 to 6.9%3 min read 07 Aug 2019, 01:32 PM IST
Reserve Bank says risks are tilted to the downside as domestic economic activity remains weak
Central bank slightly revises upward its inflation projection for the second half (October-March) to 3.5-3.7% from 3.4-3.7% estimated in June
NEW DELHI : There seems to be a greater realization at the central bank about the coming winter on the growth front. One indication is the unconventional rate cut of 35 basis points (bps).
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