Stable macros could lead RBI to cut repo rate further: Former RBI deputy governor Gandhi
The Reserve Bank of India’s (RBI) monetary policy committee (MPC) may further cut the repo rate later this fiscal on the back of steady macros, including stable oil prices and expected good monsoon season, R Gandhi, YES Bank’s non-executive, part-time chairman and former RBI deputy governor, told businessline in an interaction. Excerpts:
The Reserve Bank of India’s (RBI) monetary policy committee (MPC) may further cut the repo rate later this fiscal on the back of steady macros, including stable oil prices and expected good monsoon season, R Gandhi, YES Bank’s non-executive, part-time chairman and former RBI deputy governor, told businessline in an interaction. Excerpts:
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