RBI Unlikely to Cut Rates This Year: Tirthankar Patnaik
Tirthankar Patnaik, chief strategist and head of research at India Mizuho Bank Limited, says RBI has indicated that it would like a 150 bps real spread and by the last rate cut it was already down to 120 bps. So RBI may not cut rates unless we see inflation numbers going down further, he adds.
