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HomeNewsOpinionRate cuts unlikely until RBI sees inflation stable at 4 percent

Rate cuts unlikely until RBI sees inflation stable at 4 percent

Manas Chakravarty   •

Report by RBI researchers exhorts the corporate sector to get its act together to relieve the government of heavy lifting on capex and take advantage of lower borrowing costs to increase capital expenditure

The RBI researchers also say that global financial conditions are becoming easier, driven by equity market exuberance and compression in corporate bond spreads

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