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Thursday 19 September 2019

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Room for more rate cuts as government hands tied, inflation under check & slump deepens, says RBI governor

Room for more rate cuts as government hands tied, inflation under check & slump deepens, says RBI governor

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After surprising everyone with four successive rate cuts this year, Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said "there is more room" to do so given the growth deceleration and stable inflation that is likely to stay below target for a year or so.

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