The Reserve Bank of India is likely to keep rates unchanged at its policy meeting on Friday. It is going to be a tightrope walk for the central bank with GDP figures having sprung a negative surprise in the second quarter. In the wake of slowing growth, there is a growing chorus for a rate cut to support growth. Even if a repo rate cut doesn’t come by, there may be chances of a CRR cut. The central bank’s focus is expected to stay on balancing growth and inflation, prompting questions about whether it might revise its growth forecast amid ongoing economic pressures. Catch this chat between Nandita Khemka and CNBC-TV18’s Latha Venkatesh to know what one can expect from Governor Shaktikanta Das this time around.
first published: Dec 5, 2024 12:39 pm
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