RBI Unlikely To Cut Rate As India’s Growth Is Higher Than Potential Output: SBI Report

While some may have expected the RBI to lower rates in light of global developments, the SBI report suggests that robust domestic growth and the need for sustained credit growth could prompt the central bank to hold rates steady in the near term.  While some may have expected the RBI to lower rates in light of global developments, the SBI report suggests that robust domestic growth and the need for sustained credit growth could prompt the central bank to hold rates steady in the near term.   Zee News :Business