business

RBI may cut 100 bps in CY13; expect 5.3% GDP for FY13: RBS

Ahead of the Reserve Bank of India's monetary policy meet on January 29, Sanjay Mathur of RBS believes the positive macro data sets the stage for the central bank to ease rates by 50 basis points. He also expects the GDP growth for the current fiscal to range around 5.3 percent and feels it could go up to 6.5 percent in FY14.

first published: Jan 15, 2013 02:17 pm