RBI may surprise with a rate cut: Indian Overseas Bank
In conversation with NDTV, M. Narendra, CMD, Indian Overseas Bank, says that he is expecting the RBI to cut the CRR by 25 bps, but also that the central bank could surprise the street by announcing a 25 bps cut in the key interest rates as well. He also highlighted the capital requirements for the fiscal and the compensation required for the Male airport.
