RBI's Rate Cut Indications | Mint Explainer

Reserve Bank of India governor Shaktikanta Das sai... moreReserve Bank of India governor Shaktikanta Das said that there is room for further interest rate cuts to bolster economic growth given that inflation continues to remain within the central bank’s target. Speaking at the Bloomberg India Economic Forum in Mumbai on Thursday, the RBI governor added, however, that the government has limited space for any fiscal expansion.