February inflation higher than estimates, RBI may cut rate by 1%: Indranil Pan
India's wholesale price index rose a faster-than-expected 6.95 per cent in February from a year earlier. Indranil Pan, chief economist, Kotak Mahindra Bank told NDTV Profit that the headline inflation numbers for February have come higher-than-expected. "Expect the RBI to cut key rates by 1 per cent," he added.
