Tushar Poddar, Goldman Sachs said, "While the RBI action was ahead of market expectations, we were expecting them to ease more on repo rather than CRR as a front-loaded cut on the repo would have helped lower interest rates in the economy faster. We now think that the RBI will likely ease the repo rate by 25 bps in its March 19 policy meeting."
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!
