17.02.2015 / Allgemein / /

RBI has scaled down its FY20 GDP growth forecast to 7 percent

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We expect RBI to reduce the repo rate by 25 bps in the post budget policy, provided the inflation numbers for January have moved in downward direction. Based on ceteris paribus conditions we still expect rates to be cut by another 75 bps this calendar year. CARE has taken utmost care to ensure accuracy and objectivity while developing this report based on information available in public domain.

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