Expect 25-50 bps rate cut only in January despite lower inflation: Vijaya Bank
The good news on the inflation front is likely to continue even though non-core inflation is still high, says HS Upendra Kamath, CMD of Vijaya Bank. Mr Kamath says that the softer-than-expected November inflation data may not translate into a rate cut next week, but the likelihood of a 25-50 bps repo rate cut in January is very high.
