RBI to cut rates again on April 9, one more expected in August: Poll

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RBI to cut rates again on April 9, one more expected in August: Poll - Business Standard

Quick Summary:

With inflation in India easing to a seven-month low of 3.61 per cent in February and the economy forecast to grow at 6.

The RBI has injected about $64 billion of rupees into the banking system over the last few months to increase money supply, which economists said was needed for rate cuts to work their way into the broader economy.

Fed does," said Sakshi Gupta, principal economist at HDFC bank."We were always of the view that there will be a maximum of three rate cuts that the RBI will deliver...