Moneycontrol PRO

you are here: HomeNewsBusinessMarketsWhy is IIFL against RBI cutting rates?

SHOW NAMES

Trending Topics

Sensex Today Tesla Share Price Engineer India Shares Diamond Power Share Price

business

Why is IIFL against RBI cutting rates?

Holding a contrarian view, IIFL is against the Reserve Bank of India (RBI) cutting rate cut any further. Explaining the stance, Prabodh Agarwal, Head of Institutional Research says that further cut would discourage savings and encourage consumption.

first published: Jan 18, 2013 09:33 am

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347