Moneycontrol PRO

business

Note ban, lower inflation make good case for rate cut: KV Kamath

Lower Inflation, good monsoon and demonetisation are may lead to a one percent rate cut going ahead, according to KV Kamath, Chairman of the New Development Bank. He added that he expects the cut in another 3-6 months.

first published: Nov 15, 2016 02:50 pm

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