What to watch. Will RBI resort to aggressive rate cut?

Updated - August 07, 2019 at 06:00 AM.

 

Reserve Bank of India will declare its monetary stance on Wednesday. Widespread expectations among marketmen is that the central bank will deliver its fourth successive quarter-point interest rate cut to 5.5 per cent, amid calls from businessmen, investors and the government for further easing rates, as a slowdown gripping the economy becomes more visible and harsh. Interest-sensitive sectors, such as banks, NBFCs, realty and automobile will remain in focus.

Published on August 7, 2019 00:30