RBI poised to cut repo rate by 25 bps: Rajeev Malik

RBI is poised to cut the Repo Rate by 25 bps to 7.25% next week. It will likely forecast WPI inflation of 6% for FY14-end, says Rajeev Malik, CLSA.

April 26, 2013 / 11:56 IST

Rajeev Malik, CLSA said, "RBI is poised to cut the Repo Rate by 25 bps to 7.25% next week. It will likely forecast WPI inflation of 6% for FY14-end. We maintain our forecast of the Repo Rate bottoming at 7% by June or July."

first published: Apr 25, 2013 08:54 am

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