News From Press RBI likely to reduce repo rates by 25 bps on October 4: Goldman Sachs

RBI likely to reduce repo rates by 25 bps on October 4: Goldman Sachs

Source: The Economic Times Oct 1, 2019

The RBI is expected to go for a further rate cut in the ensuing monetary policy review meet amid weak economic activity and benign inflation, Goldman Sachs said in a report on Monday.

According to the global financial services major, the RBI is likely to cut policy rate by 25 bps in October, and another 25 bps in December.

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