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  • News From Press RBI likely to slash interest rate for third time in June, says BofA-ML

    RBI likely to slash interest rate for third time in June, says BofA-ML

    Source: BusinessLine Apr 16, 2019

    A foreign brokerage, on Monday, said the Reserve Bank of India will cut its key policy rates by another 25 basis points, after Governor Shaktikanta Das’ weekend speech focussing on ways to revive growth.

    Speaking at the annual meetings of the IMF in Washington over the weekend, Das had stressed on reviving growth when inflation is trending below targets.

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