B Muthuraman, president, CII expects Reserve Bank of India (RBI) to cut rates by atleast 50 basis point and feels that this move would give some confidence to the industry and investors.
"This is a good time for RBI to send a very positive signal to the industry by cutting the rates down, Muthuraman said speaking to CNBC-TV18.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
