We expect rate cut of 75 bps cumulatively over next three MPC meetings from Oct onwards: Dr Aurodeep Nandi
We have a more bearish view on the domestic outlook than the RBI governor, we have it at 5.3% for FY24. Now much of this is underpinned on the fact that this is a really, really challenging year for the global environment because we tend to forget this but interest rates have gone up quite sharply in the US, in Europe, in a number of developed markets.
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