RBI may consider bolder 0.5 per cent cut: IndusInd Bank
The Reserve Bank of India (RBI) may consider a bolder 50bps or 0.5 per cent cut in repo rates, says Moses Harding of IndusInd Bank. He feels the lower core inflation would be one factor in the RBI's decision. An equally important factor may be the fiscal consolidation efforts of the government and the need to push growth above 6 per cent in FY14, he adds.
