RBI unlikely to cut rate as India's growth is higher than potential output: SBI Report
- Posted on October 3, 2024
- By Business News Today
- 3 Views
RBI unlikely to cut rate as India's growth is higher than potential output: SBI Report
The Reserve Bank of India (RBI) is unlikely to cut interest rates in its upcoming meeting, given India's strong economic growth and the importance of credit to deposit growth in the banking system. Despite global economic conditions, the RBI is expected to focus on domestic factors.
