HomeNewsBusinessMarketsBudget 2012: Deficit of 5% will convince RBI to cut rates, says Amansa

Budget 2012: Deficit of 5% will convince RBI to cut rates, says Amansa

Akash Prakash, Fund Manager and CEO, Amansa Capital says market wants to hear fiscal deficit at 5% of GDP. The RBI had categorically said that it will only cut rates now once it gets to some kind of fiscal discipline.

Akash Prakash, Fund Manager and CEO, Amansa Capital says market wants to hear fiscal deficit at 5% of GDP. The RBI had categorically said that it will only cut rates now once it gets to some kind of fiscal discipline.

first published: Mar 16, 2012 10:39 am

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Budget 2012: Deficit of 5% will convince RBI to cut rates, says Amansa

Akash Prakash, Fund Manager and CEO, Amansa Capital says market wants to hear fiscal deficit at 5% of GDP. The RBI had categorically said that it will only cut rates now once it gets to some kind of fiscal discipline.

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