Reserve Bank of India Unlikely to Cut Interest Rate on June 7, Say Experts
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#08f823ce ver:0.25
The Reserve Bank of India (RBI) is unlikely to cut interest rates on June 7, say experts. Despite positive economic growth and low inflation, concerns over rising inflation and fiscal deficit will likely lead to a status quo decision. The RBI's focus is on achieving the 4% inflation target, and uncertainties in the inflation trajectory and global commodity prices further complicate the timing of rate cuts. #RBI #interestrates #inflation...
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